'More Capitalism, Less Regulation'

Derek Scott, who served as Prime Minister Blair's economics adviser, has an article in the Financial Times that says, "Today, if rates of return are to rise, it requires not necessarily capitalism 'red in tooth and claw' but certainly more capitalism rather than less. The problem is that in most countries policies are moving in the opposite direction: more regulation (it's called 'better' but it means 'more') and, from some quarters, a desire to replace Anglo-Saxon capitalism with European corporatism."