Assignment argumentative Essay Example | Topics and Well Written Essays - 1000 words

Assignment argumentative - Essay Example White leaders had made a stand against the tactics used by Martin Luther King to solve racial segregation in America. The latter were against direction action taken by Dr. King and they instead recommended use of legal processes to solve racism. However, in Dr. King’s letter, he found the white leader’s tactics insufficient and tried to justify his use of direct action. The main argument in Letter from Birmingham was that injustice has both direct and indirect effects on the public, and direct action was needed. Dr. King’s letter was aimed at challenging the injustices done on the minority blacks in America. However, it was viewed as agitation funded by outsiders to destabilize the country through demonstrations. The clergymen whom Dr. King addressed were also against racism, but they feared to stand up against city government. They hence opted for other methods to counter segregation other than staging demonstrations and public events. In an earlier statement, t he clergymen said Dr. King’s timing was poor and he needed to wait for a right time to create awareness on racism. Dr. King replied to the clergymen in his letter citing that waiting for long would mean that racial segregation would never come to an end. This showed the latter’s focus and determination to bring an end to racism. Unlike most traditional activists who were silenced by imprisonment, Dr. King continued enlightening the public using the open letter. While in prison, Martin Luther King noticed the strong opposition of his use of direct action to mobilize and educate people on racism and social injustices. Letter from Birmingham Jail was to prove that grassroots action against racism was not as radical as the government and some clergymen perceived it to be. In the letter, he explained that his people did not demonstrate because they wanted to create trouble, but because it was necessary at the time. The tone used in the letter is persuasive and Dr. King achi eves this by using various writing techniques. He used ethos to show the credibility of his information and refute the accusations that he only wanted to create chaos. Ethos is a style used in writing to ensure the readers have trust in any information presented by an author. In the first line of the letter, Dr. King addresses his critics honorably as â€Å"Fellow Clergymen.† This gives the reader an open mind while reading through the rest of the letter through the connection created. This makes both his supporters and opposition know that he understands and respects their stand in the fight against racial segregation. The use of ethos in the text is seen in various paragraphs where he tries to prove his point. He is aware that the letter targets a religious audience and hence makes constant reference to the bible and Christian history. To show his respect for religion and the country’s clergymen, he said â€Å"I have the honor of serving as president of the Southern Christian Leadership Conference† (King). The statement was directed to people who thought he was not appropriate to head the movement against racial segregation. He proved that he understood civil rights and hence he is fit to speak on the subject. Dr. King again uses ethos as he concludes the letter when he states that he writes from a jail cell. The statement is aimed at showing the reader that the latter had made sacrifices too for the topic he was addressing. It creates a sense of trust in the reader

Paraphrase the paragraphs in the document Essay

Paraphrase the paragraphs in the document - Essay Example n the Chinese stock market, there are basically five classes of stocks: the ordinary domestic stock (A shares), foreign shares (includes B, h and N shares), legal entity shares (C shares), government shares and employee shares. Of all the five groups of shares in the Chinese stock market, the A shares have attracted the interest of most researchers. The A shares are listed in the Shanghai Stock Exchange as well as the Shenzhen Securities Exchange. The quotation of the A shares in both financial markets is done in the Chinese renminbi Yuan and only individuals who live in the country can buy the shares. Further, the Chinese stock market differs from its counterparts in developed nations on the basis of regulations and restrictions. In the Chinese stock market, the process of offering IPOs is characterised by strict regulations and restrictions than those in developed nations. The China Securities Regulatory Commission (CSRC) sets the rules for the Chinese stock market and ensures all the dealings are conducted in accordance with the set rules. Besides determining the newly issued shares’ annual quota, the CSRC is also responsible for setting the method of determining the offering price for new shares. The CSRC is charged with the responsibility of determining the allotment of quota to different areas and provinces via specific criteria, thus providing the number as well as cumulative value of IPOs awaiting listing on the stock market. The CSRC determines the fixed offering price (online) by multiplying the company’s earnings per share by preset price earning ratio (P/ E ratio). As a result, the Chinese IPOs receive little or no feedback because of the inflexibility of the method used for setting the offer price, which makes it difficult to respond to market changes (Su & Fleisher 1999). Critically assessing the features of the Chinese stock market, it is apparent that there are many factors interplaying to yield the Chinese IPO underpricing. The factors