Is George Osborne questioning capitalism?

Is George Osborne joining other Tories who have lately voiced concerns about capitalism, indeed is he suggesting capitalism itself is “morally repugnant”?

The flaws behind John Howard’s defence of capitalism

John Howard, former Prime Minster of Australia, today writes a detailed defence of free market capitalism for Conservative Home defending, in the process, Conservative party economic policy, executive remuneration levels, and attacking US Government policy to encourage the provision of mortgage loans. Left Foot Forward fisks the five key points in the article.