[samus]

Most "liberals" are aware that government structures tend to be inefficient in the best case. This is unavoidable simply because even the most "liberal" people want their government to stick to the rule of Law. Thus, stringent procedures, bureaucracy or political deliberations, and auditing are required.

However, this inherent inefficiency and risk for corruption is seen as a lesser evil compared to leaving a matter completely unattended, or in the hands of market structures that have evidenced that they are utterly uncaring about their impact on society at large. Entrenched market structures often exhibit the same behaviors that "conservatives" dislike in governments.

[bequanna]

I think it is more than just “inconvenient”.

Government control can destroy value on a pretty massive scale, see Venezuela.