"The role of government
Smith is critical of government and officialdom, but is no champion of laissez-faire. He believes that the market economy he has described can function and deliver its benefits only when its rules are observed – when property is secure and contracts are honoured. The maintenance of justice and the rule of law is therefore vital.
So is defence. If our property can be stolen by a foreign power, we are no better off than if our own neighbours steal it. And Smith sees a role for education and public works too, insofar as these collective projects make it easier for trade and markets to operate.
Where tax has to be raised for these purposes, it should be raised in proportion to people’s ability to pay, it should be at set rates rather than arbitrary, it should be easy to pay, and it should aim to have minimal side effects. Governments should avoid taxing capital, which is essential to the nation’s productivity. Since most of their spending is for current consumption, they should also avoid building up large debts, with draw capital away from future production." - https://www.adamsmith.org/the-wealth-of-nations
How they screwed this up. Taxes on wealth, taxes when you buy, taxes when you sell, inflation, rules and regulations that benefit some and not others and still call it a free market, which it is far from it.