Note 43 — Chapter I · : THE PHYSIOCRATS

Turgot, although he is not speaking of the Tableau itself in this case, sums it up admirably in the following: “What the labourers get from the land in addition to what is sufficient to supply their own needs constitutes the only wages fund [note the phrase], which all the other members of society can draw upon in return for their labour. The other members of society, when they buy the commodities which the labourer has produced, simply give him the bare equivalent of what it has cost the labourer to produce them.” (Turgot, vol. i, p. 10.) For a more detailed account see Baudeau, Explication du Tableau économique.