I can’t believe I missed this.
It’s the story of Marienthal Austria.
Marienthal was a town in Austria that thrived thanks to a single employer. When the flax mill went out of business in 1932, Marienthal’s population became mostly unemployed.
Thanks to Austria’s liberal unemployment programs that replaced up to 90 percent of income, no one in Marienthal plunged into economic poverty as a result of the mill’s closing. But spiritual poverty was another story.