A bit more brutal than that, I might say. On the other hand, the costs of British industrialization were paid for by foreign populations who experienced a brutality not unlike that felt in the Ukrainian famine or other Stalinist atrocities on the path to industrialization.
The British peasantry suffered for it too. And I wasn't trying to say it was equal, just that Stalin's high murder rate is partially attributable to things that killed lots of people in other countries, even democracies, as well.
Obviously the man was still a monster. A big one.