来自《耶鲁大学开放课程：金融市场第3集第3集》

So that, I think--The communist system is effectively

所以我认为共产主义制度实际上
a theory of risk management and

就是一种风险管理的理念
that's not something you might think of usually.

只不过这种看法有异于我们惯常的思维方式
What was the big problem with communism,

卡尔·马克思所推崇的共产主义中
as it was espoused by Karl Marx?

有一个很大的难题
The problem was that it had a moral hazard problem

就是道德风险
and--I've already been through it--

我前面已经说过了
it's the same moral hazard problem

这种道德风险与以色列集体农场
that you see at the kibbutzim

山口组以及其他地方的
and the Yamaguchi-kai and other places:

道德风险是一样的
that people don't work effectively

当人们完全共享经济利益的时候
when their economic interests are completely pooled.

他们的工作效率就降低了