Adam Smith never believed in an "invisible hand". He uses the concept to disparage the fantasy of "self-regulating" free markets. Even before capitalism did we understand that markets needed rules and regulations, it took centuries of propaganda and of demonizing the opposition as "luddites", then "communists" to convince the majority that we needed to abolish all rules for the economy to flourish.
A deregulated market is terrible for the environment, the economy and pretty much everyone and everything. It only gives more relative wealth (and power) to the oligarchs, who then lord over us unopposed.