No but it would get somewhat better. You also need great education, a respect for science (rather than superstition), political stability, and good infrastructure. Right now that doesn't exist, but unionization could help it along. Fewer warlords would also help.

When Norway’s labor movement started it was a desperately poor country, so poor that roughly half its population had recently emigrated to America. Some scholars think that the capitalist class felt it had to concede a little to labor or it would simply all move away. There’s some evidence for this in the way elites started promoting free education during that time.