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I agree and I would add that it didn't just happen by itself. First the Renaissance unleashed forces of free thought, art and sciences, and the sciences unleashed energy of steam and electricity. Also, industrial revolution would be a very miserable without capital investments. For this we have to thank Italians and their Jews for setting up modern capital investment banking system.
Originally Posted by Maleth
It is extremely hard to set a fixed date when it all started, and I don't think it was a revolution, but more like evolution of our knowledge and systems through last few hundred years. I'd say it all started in 1500 AD with Renaissance, when most of building blocks of our modern free, egalitarian and well off society were invented.
For a man with a hammer every problem looks like a nail.