Revolutions are a response to material conditions. Typically it was already a shit show, then the revolution happens and it gets even shitter very briefly, before working itself out over time.
Most wellbeing metrics are better than almost any other time in history, including lifespan and hunger. For history, we’re living in a golden age. It’s just a bit rough for us younger people because I believe we’re doing worse than our parents, and we are the first generation to experience that.