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Greed is good.
Adam Smith's other significant publication, The Theory of Moral Sentiments is also educational, as he describes rational, non spiritual grounds for moral behavior, which is surprising for a very religious man. This writing reinforces Smith's belief that capitalism was necessary for the existence of a soundly moral society.
The problem with most critics of capitalism is that they believe people are perfectable, if only everything in their world is stable and unchanging. The dynamics of what Smith called the "invisible hand" that makes a capitalist system unpredictable scare these people into seeking rigid controls in an effort to make capitalism less uncertain. We see this fear of change in left wing leanings for a "great leader" father figure who makes all decisions without the complexities of representative government.
Now they can also text and play video games.
And they have always gotten fat~well, some of them anyways.
Don't know about the Depression. I wasn't born yet.
That is...until the French got a hold of the word and applied it to fat people. Now maybe that was a metaphorical joke but it took hold with the mindless we now call liberals.