Yes, but it does not play out equally in all respects: When it comes to mempool policy, miners have almost absolute power; no one else has almost any influence except via highly inefficient mechanisms like selling our coins and adopting a new cryptocurrency or hardforking the POW to fire the set of miners. The remedies are so costly that non-miners are basically deprived a voice, at least in any strong sense, on things related to mempool policy.  Even a single moderate size miner has huge influence on mempool policy behavior, the action of a majority of miners isn't required.