No.  Not so much.
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If government always destroyed value, as you suggest, we would all still be on water wells and septic tanks, and Hoover would have been the greatest president of all time.
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Under classic liberal economic theory, governments serve two functions:
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1.   To address market failure; and
2.   To solve collective action problems.
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Competition law is a classic example of intervention to address market failure.
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The army; the police; water, sewer, and power; roads; schools; etc., etc., are classic examples of government intervention to solve collective action problems.
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In both cases the role of government yields a more efficient result than markets alone would do.
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The hypothesis that "big governments paralyze economic growth" is right-wing ideological twaddle.
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Kansas proved starkly otherwise, as did Hoover and Bennett in the 30's. As did FDR and C.D. Howe, conversely, by expansionary policies to fight the war.
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Dumb governments paralyze economic growth.