I've seen multiple ICs with more power than their direct manager. They are basically immune to being fired because higher-level leaders understand their value and respect their track record.
Unless there is some power of the purse-strings, the two-tracks thing is always going to be biased in favor of the managers.
In the world of early and middle stage startups, you're probably right. However, in massive tech companies or more legacy-type tech companies, it seems like you're a lot more likely to find managers who are trained as managers and not engineers (MBAs, etc.)
Many specialists don't get this opportunity and require certain character traits to go out of their way to make it known. If they maintain a key product but don't need to interface with group of people often, then they get ignored for "employee of the month" and other accolades that would translate into more clout
The first few days, I stayed until a couple minutes after he left, to let him know I supported him. Then one day, I walked out with him. He looked at me and said, "but you got in at 10." I looked right back at him and said, "I know. I stayed late the last few days in case you needed me." Then it was back to old habits.
He was going to need all the help he could get to manage the political situation. In the end he couldn't cut the knot, he left not long after I did.
Any ideas he had were welcomed but at the end of the day, they were going to throw it all out anyway. I was hoping they'd let me build the new platform, but they picked a consulting company to build them a Magento solution. To recognize my efforts, I got like a year and a half of half-salary to get on the phone if they ever needed me.
My next role paid 33% more.