That part of Adam Smith they don’t teach in Econ 101–or anywhere else

“No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, cloathed and lodged.”  

–Adam Smith, The Wealth of Nations, Chapter VIII