If we're talking outside the western world, things have changed far more dramatically. Across the developing world, hundreds of millions of people have risen out of abject poverty. My wife grew up in China, in a house her father built from a pile of bricks provided by his employer. She helped make their floor tiles, and this was in an industrial city. China's a different world now, and while they are the poster child, this trend isn't isolated to them. The chart linked below is astounding.
https://rwer.wordpress.com/2018/04/22/global-income-distribu...