Wow, are you an optimist. Sure, it could be, but it probably won't be.
You seem to think that engineers are wonderful human beings and managers are horrible. It's not that simple. If you're finding 10% good managers and 90% bad ones, you'd likely find 10% engineers good at interacting with others while self-managing, and 90% who will get into petty vindictive garbage and make your office a miserable place.