Java is an example of a language with a generational copy collector by default. Most objects in Java don't have a finalizer, since after all the main point of, for example, destructors in C++ is to make sure you don't leak memory, which the GC solves. But when the `finalize` method is used is causes significant overhead.
> Objects with finalizers (those that have a non-trivial finalize() method) have significant overhead compared to objects without finalizers, and should be used sparingly. Finalizeable objects are both slower to allocate and slower to collect. At allocation time, the JVM must register any finalizeable objects with the garbage collector, and (at least in the HotSpot JVM implementation) finalizeable objects must follow a slower allocation path than most other objects. Similarly, finalizeable objects are slower to collect, too. It takes at least two garbage collection cycles (in the best case) before a finalizeable object can be reclaimed, and the garbage collector has to do extra work to invoke the finalizer. [1]
Sure, you're technically correct that if the objects all had finalizers that did the same thing as C++ destructors, it would be equivalent, but because of the existence of a GC we don't have to do any work for most objects. A GC is equivalent to an arena allocator in this sense.
Another point is the C++/Rust pattern of each object recursively freeing the objects it owns presumably leads to slower deallocation, because in the general case it involves pointer following and non-local access.
[1] https://www.ibm.com/developerworks/java/library/j-jtp01274/i...