This was not a "company town" in the way that is being referenced in the comments. It was quite literally a prototype community where residents would only live for about a year. It was primarily funded by other companies to showcase their products and develop R&D labs. Walt's stated goal was to inspire cities around the world to develop their urban centers in this model. Before he died, he said, "I don't believe there's a challenge anywhere in the world that's more important to people everywhere than finding solutions to the problems of our cities." Whether this design would have succeeded is the subject of much debate, though there were many elements that were radical in their time (wedway people mover, airport of the future with oval runway, tiered transportation levels).
Of course, the problems you solve for a transient resident that's required to be employed (by the company that runs the town) and is only going to spend one year of his/her life there are much different than the problems a real-world city faces.
It's easy to make a town that's livable for those that are relatively affluent and relatively young.