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Are you refering to this?
https://en.m.wikipedia.org/wiki/Project_Cybersyn
A bit, but not really. The key is to understand that it can be applied to very small scale and very simple processes as well. But that it's still the same concept.
E.g.
https://en.wikipedia.org/wiki/Governor_%28device%29
Or not getting enough sleep by noticing you're tired and changing your daily routine to change it.
People have tried to run economies with it and that... failed. I think it could be interesting to try it again now that we have seriously wide spread internet access and fast, cheap communication. But forcing it on everyone is probably a bad idea and it's not even necessary. For example, if the data is just easy to access, big companies should do it themselves. That's their entire purpose. We're just hindering efforts that way, because the data interfaces are usually not designed to make it this easy. Like, we don't have a common standard to order material online, or to watch those prices.
So when a fast food chain orders potatoes for their fries and steel mill orders coal and iron, they're using different systems that have to be maintained.
And the reason I'm writing it here, is that people don't know about it. Therefore they don't demand it from their democratic leaders or unions and therefore we don't have it.
I'm not saying anything new.
It's the same kind of voting, negotiation, discussion system we already use everyday. Those just look different when they are the same thing. We are 95% there, we're just missing one or two last steps.