I would argue that Europe who have more social economies the everyday person is better off. Less student costs, less medical costs, lots of utilities provided for the people. It took ages to get an infrastructure bill in the US.
Meanwhile...., In other places, in societies with a lesser number of Elon Musk's or Lebron Jame's, countries like the Nordics or even France, Germany and others, those millions of normal persons, enjoy 30 days of holidays per year, state sponsored retirement benefits, free or almost free healthcare and free or almost university level education.
What does that even mean?
For example, Northern Ireland cannot exist in the successful European model until the Catholics are gone, or all the Protestants are gone.
High trust vs low trust societies tend toward egalitarian vs clannish communities respectively.
that seems like the hairy part
Less sardonically, neoliberalism is classical liberalism in the 20th Century but with an 18th Century perspective that ignores the oppressive potential of corporations that are more powerful than nations. Neoliberals have a hard time figuring how to hold "corporate persons" accountable for their violence against humanity and our environment, because they never cared to solve the problem of dilution of responsibility.