First of all, pollution has nothing to do with what I'm talking about. It is an act of public property damage that ought to be punished. If it's not punished, w

First of all, pollution has nothing to do with what I'm talking about. It is an act of public property damage that ought to be punished. If it's not punished, we get negative externalities. As for efficiency, you're overestimating how efficient political establishments can be in comparison. Just because a plan calls for the government to act efficiently, in the interest of the public, doesn't mean that this is what actually happens. All of the tendencies toward waste and corruption seen in the market are manifested in politically appointed institutions as well. Private sector investment has been demonstrated to be the best way to increase productivity, and to be far more effective than politically directed management of economic assets.