Yes, but like with socialism - it’s the lie that allows the horror to happen.
https://www.youtube.com/watch?v=LPjzfGChGlE
Smart people in the West invented and then propagated the use of machine tools creating the industry and the wealth we enjoy.
Foolish people in the West invented modern Socialism and Marxism and by their influence in higher education spread those insipid ideas to poorer nations before they could repeat that success.
So on the one hand many people have never had their local economy or society develop the uses the such tools whereby they could advance themselves and then the socialists and kleptocrats swooped in to put the brakes on even what was developing. If those who had adopted Marxism subsequently pressed hard for industrialization they did so with slave labor, famine and gulags ... so we should bless our so-called Robber Barons who accomplished the same through voluntary commerce, making the lives of many much better and not filling the land with mass graves in the process.