Democracy is the form of government in which citizens have an equal say in political decision-making. But what does this mean precisely? Having an equal say is often defined either in terms of equal power to influence political decision-making or in terms of appropriate consideration, i.e., as a matter of attributing appropriate deliberative weight to citizens’ judgement in political decision-making. In this paper I argue that both accounts are incomplete. I offer an alternative view according to which having an equal say is having a say as an equal. That is, having an equal say is to be defined in terms of citizens’ occupying a role of political decision-makers, i.e., the political office of the democratic co-ruler of the polity, such that no citizen is a secondary or auxiliary decision-maker; they rule together as equals. This view aligns with the traditional understanding of democracy as rule by the people while providing a coherent conceptual framework for specifying what it means for democratic citizens to have an equal say which incorporates the strengths of alternative accounts and overcomes some of their challenges.