Quite so, actually, and you can see the process again playing out in China.
I'm tempted to link the Mr. Jensen speech from Network, but instead I'll just point that what happened in the Soviet Union--and what's happening in China now--is that they simply copied the technical modes of production that had been developed by "revolutionary capitalism," as the author above puts it.
China has industrialized via foreign capital, and again, with the use of forced, often slave, labor. It is not a free market by any means. You have a skewed view of history and economics.