Not that this didn't happen. But I should add that it wasn't any benevolent plan on the part of the owners that made things that way. It was a combination of the presence of New Deal, Unions, the threat of so-called-communism, etc and the lack of hyperdeveloped capital and commodity markets, that pushed things in that direction from the 1930s to the 1970s. And then what you describe pushed things the other way.

The point is that same owner probably supported all the innovations, because they were about the owner having more flexibility. And by the token, you can't get back to this point, probably not ever but certainly not without outside intervention.