[Jdanz]

i don't believe it does, nor am i asking AC to function perfectly where gover reg doesn't. I'm saying that the actual process of organization is lest costly under government.

It neccissarily follows that in some circumstances that without gov regulation even though the actual value of a right is sufficent to seek redress it is prohibitvely expencive to do so, whereas in a gov reg'd world, organization being less costly (via delegation and some amount of coercion) allows a greater end result.

This is assuming that how much someone values something and actual attainablity aren't completely identical. A deposit of gold in a mountain that we can't get at is still a valuable amoutn of gold, supposing we had the tools to get at it.

I'm not trying to say AC > gov or gov > AC, i'm simply saying that neither is completely effective. You usually frame arguments in terms of better = more efficent. There are however circumstances in which the state is more efficent then AC.