It may be that broad trends, such as the triumph of notions of progress, the decline of the Ottoman empire, the advance of mechanisation and the emergenceof international capital markets, made the construction of the canal inevitable.
The letter (an example of which is attached, as is the list of recipients) was prompted by the recent emergence in Western capital markets of Shariah-Compliant Finance (also marketed as "Islamic finance") and by a lawsuit now before the 2nd Circuit Court of Appeals in Philadelphia.
Over the summer, venture capital firm EmergenceCapital looked at the post-IPO performance of business-to-business technology stocks versus those of business-to-consumer companies.