If you don't want the developing world to follow in the West's footsteps, perhaps we should share some of our wealth with them? Would that be a more palpable alternative?
Earlier today, a study was posted on HN about how the British Empire plundered ~$50T (inflation-adjusted) of wealth from India over it's colonial history. If you want to even the playing field with the developing world, we have a lot of reparations to look forward to.