That tracks. Hans Rosling's book Factfulness made much the same case about how much life has improved for the world's poorest.
In our supremely pampered ignorance, most of us have no real idea of how bad world poverty was just within living memory.
Things aren't great and they could be much better but holy damn, things are much better today than they were.
Lesson is, do not fight people when you are famous and people know you are going to be a multimillionaire.