But they do exist in China. Plants in some cities dump sludge into wastelands the size of lakes. Some factories are small towns unto themselves where people work, sleep and live on company property.
We still need to the scale Kodak had for their market at the time, but economics has moved it overseas and the market is totally different.
It's still consumerism though, and a frightening scale. It's just abstracted away from most of the western world, so we don't see it.