Seems like the arena has changed, though. Several hundred years ago nations/societies could operate independently. Now they're in the global web of trade. Regions that were historically very prosperous (what's now northern Syria, for example) are floundering now.
There are clearly ways to exploit globalization to become prosperous - e.g. the asian tigers. But it's not clear to me that historical examples are as useful. There's no way to know but I suspect the American colonies would not have prospered in the current economic regime.
The western world was already the most advanced and richest part of the world before they started colonizing, which indeed made them even richer. Note that the people they conquered whether it were the Incas or else were also empire with colonial ambitions, except they were way less advanced.
You've got the causality wrong. Europeans exploited other peoples because European societies were more advanced. They did not become advanced because they exploited.
There are clearly ways to exploit globalization to become prosperous - e.g. the asian tigers. But it's not clear to me that historical examples are as useful. There's no way to know but I suspect the American colonies would not have prospered in the current economic regime.