It drives me crazy how many employers pay minimum knowing people can't live off of that
Yes, the exploitation of labor is the act of treating workers unfairly for ones own benefit.  There are many companies that do this, but not all do.
Companies that make huge profits should give back to the ones making them that money
I agree.  The social relationship between the workers and the employers should be based on hard work by the workers, and fairness by the employers.  It boosts morale of all workers to see that both employees and employers are on the same team for each one's benefit.