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More or less. The idea of “life, liberty and private property” from og liberalism didn’t specifically mean a right to be alive or have one’s needs met it was more about individually choosing what style of life and career you want. Likewise the ideology of having your personal property always protected as sacrosanct from the government mediation has been pretty good for corporate interest.
That whole “pursuit of Happiness” thing was just Jefferson riffing on John Locke but the sentiment was basically the same. Liberal was hot branding back in the day to mean “generally permissive” but it’s been a hot minute and people have really started to peel back the label.