I feel like this has been done before in the early to mid 1900s with the industrial revolution. It seems like there are a lot of benefits to this, but also a lo

I feel like this has been done before in the early to mid 1900s with the industrial revolution. It seems like there are a lot of benefits to this, but also a lot of problems. For example, the company may be 'generous' in housing its employees, but the employees are de facto owned by the company when their housing, food, etc. are derived from their workplace. Furthermore, what happens if the employee is fired or the company goes out of business?