Poverty is way down globally. Poor nations are far from where they need to be, but we've lifted a billion or so people out of abject poverty in my lifetime.
Don't let a determination to believe everything is bad force you to ignore when things get better.
"nearly 38 percent of the world's population lived on less than 2.15 U.S. dollars in terms of 2017 Purchasing Power Parity (PPP) in 1990, this had fallen to 8.7 percent in 2022"
A decrease in poverty in this case though is traded by an increased addiction to what the oligarch provides. Is an entire society in a dystopia that provides the basic physical comforts but strips us of meaning in life a good end? I think not.