That there's a classic example of a false dichotomy.

I think a society in which the poor are better off in absolute terms is a fairer society.

Neither. I reject your question.

I'll take the fairer one please. After all, we can't know how many extra doodads and shiny things we might have had, in an unfairer world. So we won't really miss them.

On the other hand, I'd like to live in a society where more people feel bought in and live less stressful lives.