These are among the commonly cited contrasts between the United States and Europe: America believes in the untrammeled market, while Europe accepts capitalism — but curbs its excesses.
The list goes on: Social policies either do not exist in America — or are way more miserly than in Europe. Education is socially stratified and largely privatized in America, while in Europe it is universally accessible and state-financed.
Likewise, America's lack of universal health insurance is assumed to mean that people die young and live miserably. And because the market dominates, America's environment is less cared for.