Not necessarily. The benefits may barely trickle down, and the conditions for the majority could degrade overall.
See the work of recent Nobel prize laureates in economics. Many argue for redistribution and investment back to the society.
I really don't see how one can separate the industrial revolution from colonialism, considering we have chiefs of government in colonial countries on the record saying that colonies are a necessary outlet for industrial goods [1].
Once you've established that link, it's hard to explain that "everyone" benefitted from the industrial revolution.
Even disregarding that, the working conditions created by industrialization allowed for situations that can hardly be described as "beneficial" [2][3][4].
> digital revolution.
[5] provided without comment.
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[1]: for instance, Jules Ferry: https://www2.assemblee-nationale.fr/decouvrir-l-assemblee/hi...
[2]: https://en.wikipedia.org/wiki/Bisbee_Deportation
[3]: https://en.wikipedia.org/wiki/Ludlow_Massacre
Thailand and China would like a word.
colonized => successful
not_colonized => unsuccessful
People experienced the industrial revolution everywhere.
I suspect, when you think "places which experienced the industrial revolution", you think about a small subset of areas where some development happened as a result of that, likely the areas where industrialists lived.
But you would also have to consider other places' experience of industrialization. For instance, Congo under EIC colonial rule did experience industrialization - it was the place where industrial amounts of rubber were harvested to allow for plants elsewhere to produce joints, pipes, motor belts, etc. It's not really hard to believe that, had Congo not experienced that, its citizen would almost certainly have been better off now.
If the industrial revolution has made their lives worse, it's a double-whammy because they are forced to suffer almost twice as long, as their life expectancy at birth has approximately doubled since 1870.
https://www.statista.com/statistics/1071021/life-expectancy-...
- net benefits to the average person (considering drawbacks)
- overall relative benefits compared to income groups
- benefits in certain areas of society and topics
I think there’ll be some “benefits for all” in terms of things like medical advances and health technology. There will also be broader benefits to all in general areas but as a parent poster said it’ll benefit equity holders most and there might be some bad tradeoffs (like we’ll have access to much better information and entertainment but it may also affect the overall employment rate). It’s a very nuanced picture and it’s probably disingenuous of some tech leaders to say “we’ll all benefit) but some do believe that will be the future.