It depends on what criteria you judge this. There has been no major conflict in Western Europe for around 65 years. That is a long period of peace. Governments and people have never been more environmentally aware. Minorities are no longer pointlessly imprisoned. Food has never been more plentiful. European nations meddle less overseas than they have done before. From a preservationist POV, things are messed up.
But most people don't care about that, and see the modern world as functioning mostly OK, save for the usual laundry list of gripes (commercialisation, plight of Palestinians, climate change, etc). There are not really any angry, politically-engaged masses in the UK, for example. That would suggest most people are happy with their lot, or at least the opportunities in life available to them.
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