Point 1.
Ditto on the Jared Diamond argument fascinating and well written (if boring in some places) but seed yield determinism and geographic determinism are faulty… and he never really does get around to explaining why China failed according to his reasoning, or why it flourished when it only had rice…
Point 2.
Perhaps unfortunately in an economic sense France was not Englightened in any sense of the word. The superior organization of French Economic tyranny, corruption and incompetence does not make it Enlightened. With taxes like, la taille and la corvée busily bankrupting the countryside, with Guild Monopolies destroying competition, mercantilist government policy acting to make trade a zero sum game, warfare busily causing default, trade barriers making it cheaper to import goods even with ruinous tariffs because of mercantilist policy, letter de cahiers allowing the state to arrest and hold indefinitely without trial, a massively bloated state, rent seeking by the nobility, purchased titles and official sinecures which shrunk the tax base, forced loans and requisition, a court that sucked up 6% of the national budget, destructive central planning with a focus of micro-management cloth was controlled down to the amount of threads in it, stifling regulations which stretched as far as banning spinning machines for fully a 150 years which was combined with a truly sickening attention to regulations with 16,000 people executed for breaking the regulations about cotton, a populace to afraid to put money in banks because the state would steal it, religious intolerance, a ban on the subdivision and/or selling of land by peasants, increasing tariffs on food which of course made it more expensive for the people and helped bankrupt the poor…
Enlightened pull the other one, a select cadre of men created the system, with Louis XIV on the throne and driving it himself. Louis XIV replaced Feudalism with Feudalism; he just skipped the nobility and concentrated all the power into his own hands. France was despotism economically, it was most certainly absolutist, but where the enlightened bit comes from is beyond me? Maybe from the fine hats?
The sole figure in French history after Louis XIV who stood against this was Turgot and he managed to stall the decline and right some of the wrongs but he was removed because he was simply to successful.
Point 3:
Greek philosophy was a dead hand on intellectual thought; it atrophied for a not insignificant period of time. Scientific Rationalism owes its existence to Locke, Newton and others who if you will overthrew Aristotle and Plato. If we had kept to Aristotle and Plato alone we would not have advanced. Certainly the base of Greek philosophy was important, but does the culture matter as such? One can simply borrow the ideas of Greek Philosophy and ignore the cultural aspect of it.
Unfortunately Greek Philosophy is not something I’m terribly strong in or have access to sources to read up about it. But I do think the casual flinging of Greece, is dismissive of the complexity of the situation and ignores the fact that
Point 4.
Not to sound cynical, but blueprint copying is not a means of success, cargo culture comes to mind. If it was possible to just copy the technology then why was there a 200 year lag between the Dutch industrialising and the British, superficially they both have about the same amount of German and Greek influence. The first instance of Industrialisation was the Dutch Republic why probably because it fulfilled the four factors first,
1. Dutch property rights were well established, it had shed Feudalism pretty quickly after it ejected the Spaniards and even before then it had a large percentage of its population that lived in the cities and towns.
2. Scientific Rationalism was reasonably well established not perfectly but the Dutch never had a strong religious dead weight holding them back.
3. Dutch capital markets were advancing in leaps and bounds, they were amongst the first to use probability to calculate risk, invented at least partially in isolation the idea of government securities and used them to help it win independence from the Spaniards.
4. The Netherlands was small and had an advanced communication and transport system which helped it to trade and industrialise
Now onto your assertion that they are cultural in nature, attributing property rights to Germanic culture is not quite right, English property rights and German rights while still arguably from the same cultural basis are still wildly different. Latin based property rights still exist and never lapsed, both system have differences but arguably not major differences, certainly on the fine points from an economic point of view the Latin system is not as desirable with Spain even to this day exemplifying the worst of Latin property rights. But as an institution they are pretty well spread throughout Europe and were fairly similar, not dissimilar enough except in the worst circumstances to make a large difference (at least for most of European history). The real change comes not from the different systems but from the nations inside the different system, the Dutch and English dispensed with Feudalism first and solidified property rights to allow them to function as they should by providing incentive for production. The German states had a Germanic system of property rights but the basic reason for property rights incentives did not function because feudalism (for a period), with constant warfare and eventually with a change in German thought that attributed the ownership of the land in an abstract sense to the service of the state stunted its effects.
Point 5.
Institutions wise I’m not going to get too far into the Civil Law v. Common Law debate (for the record I do believe that Common Law confers on economies starting up a certain degree of benefit but that, that advantage closes as the economy matures). Common Law is a nowadays is largely an English and English descendant thing; most of the Continent adopted Civil Law. However it is interesting to note that the Dutch used customary law as well as Civil Law which was specifically Roman. Rule of law is important; it yet again provides incentive and protects the factors and results of production. German (which was not Common Law per-say), English and Roman law were used by the vanguard of Industrialised nations, which kind of damages the whole Germans are the only ones with rule of law argument. And before anyone gets any ideas about English Law being the completely German I would challenge you to look up the origins of Common Law and Equity or Chancellery Law.
Information is an interesting one; the Dutch were the first to widely distribute information about economics, they had the first pamphlet in the world which reported on a stock exchange, had the first commodities pamphlet, and had a populace who were sufficiently well informed about the market to actively participate not just in stock purchases, but in life insurance, insurance in general and government securities. This cannot be linked to German or Greek culture; it is a Dutch creation not the residual result of German or Greek thought. But it is not per-say a Dutch cultural creation, printing was available and Dutch venture capitalists used it.
Capital markets are again patently not Greek or German, the Greeks and Romans had them but they never gained prominence. The Venetians refined them to a large degree and improved them but the Dutch were the first nation to really profit in a large way from them. And most of the Dutch capital market innovations were original thought they were yet again not living of the dregs or Greek or German culture. Neither of which supported the notions of loans, or interest a great deal.
And before you start about how I’ve reinforced the argument, I would like to point out that I do in a sense agree with his argument but I don’t buy it completely. I’m trying to show that the Graeco-Germanic cultural combination was not the be all and end all of Industrialisation. Far from it, a great deal of industrialisation owes nothing to either of them, capital markets in a meaningful manner (at least for industrialisation) are the product of first Venice and were finished of largely by the Dutch. Property rights owe little to both in an industrialised context if we had kept to the original system of Greek and German property rights we would have ended up with a system that would not work.
Attempt at a conclusion
I find myself disagreeing with the assertion that Greek and German culture was the sole reason for industrialisation, overarching cultural archetypes were not responsible, certainly both systems failed in a great many countries with an equal amount of exposure to both.
Apologies if it was to wordy (but even if you disagree I hope it might be of some use). Don’t take my disagreement with a great deal of offence; it might have to do with political science viewing things widly different to economics… its in this case a macro v. micro argument.
I would also love to examine his argument about poor decision making in Rome with Austrian methodology; at a quick look he raises valid points.