While the economic philosophies of Smith and the Enlightenment were busily applying the "Invisible Hand", the English Parliament was passing Enclosure Acts (a fact very much ignored by historians) which literally (as in actually) destroyed the commons (farm land held and worked in common, "time out of mind"). They were doing that primarily in response to the significant capital shock of the financial collapse caused by the South Sea Bubble.

That in turn had a profound effect on the American Colonies. New England still has vestiges of "Commons". The Southern colonies never had common ground.