The Fair Labor Standards Act - the law that created the right to a minimum wage, overtime (time and a half) for time worked over 40 hours, and child labor protections are not just about money.
The FLSA was enacted to share work by limiting hours worked in a week by imposing a monetary penalty.
Times have changed somewhat since the FLSA was enacted. But the need to give people freedom to live a life in which they can take care of their families and have time and motivation to take on the rights and responsibilities of citizenship.
The preamble to the FLSA may be found here:
Here is the text of the preamble setting out the reasons the FLSA was enacted.
"(a) The Congress finds that the existence, in industries engaged in commerce or in the production of goods for commerce, of labor conditions detrimental to the maintenance of the minimum standard of living necessary for health, efficiency, and general well-being of workers
(1) causes commerce and the channels and instrumentalities of commerce to be used to spread and perpetuate such labor conditions among the workers of the several States;
(2) burdens commerce and the free flow of goods in commerce;
(3) constitutes an unfair method of competition in commerce;
(4) leads to labor disputes burdening and obstructing commerce and the free flow of goods in commerce; and
(5) interferes with the orderly and fair marketing of goods in commerce.
That Congress further finds that the employment of persons in domestic service in households affects commerce.
(b) It is declared to be the policy of this chapter, through the exercise by Congress of its power to regulate commerce among the several States and with foreign nations, to correct and as rapidly as practicable to eliminate the conditions above referred to in such industries without substantially curtailing employment or earning power."
We need to bring those policies to bear now so that all people who want to work can find remunerative work and so that people and their families can live a human, humane, and free life.