Look at every metric of poverty or things affecting the poor (literacy, hunger, access to education) and its improved like no other time in history in the last 50 years.
Just because the rich got richer in the process might annoy you, but it benefitted a lot of others. What do you want? No income inequality and therefore everyone living in terrible conditions, or a large divide between rich and poor but things actually improving?
(a small positive slope in terms of life quality is much better than a negative or neutral slope at the same level - or even at a higher level).
And people underestimate the importance of relative standing as opposed to absolute. Ultimately, we are a packet of genes that are made to reproduce (with a brain attached). Relative standings matter a lot more than absolute quality of life as far as reproduction is concerned (and as far as our genes are concerned). The human brain is but a simple abstraction on top of those genetic drives.
> standings