No.
If you follow the mythology of the series, you will see that Illuvitar led the vala in a
great song, that created EVERYTHING ELSE. One of the Vala,
Melkor (who represented ambition), decided he wanted to change the music in mid-performance, to claim glory for himself. (Being the very embodiment of ambition.)
To counter the destructive effects of this dischordant music, Illuvitar led the other Vala in an opposing, but incorporating harmony, subduing the errant ambition of the dischordant player.
This action was metaphysical, but set the mythotectural foundations for all ages of the universe to come after.
As such, the structure of Arda, (the earth), and all its inhabitants, played out a mythical echo of this music. Elves, with their innate love and harmony of life and nature, represent the initial music; Harmonious, and splendid in all ways.
The dischordant music, tearing the composition apart, is represented by the orcs, fell beasts, demons, and other horrors.
Then, the rising counter that incorporates but subdues, is represented by men.
Men were not originally planned to exist, but MUST exist, in order to save creation. The one ring is the last remaining bit of Melkor's power (Sauron was Melkor's top general, and gained his power from Melkor.) in middle earth. Mankind has risen to aid the other races in expelling that darkness, while incorporating elements of wickeness within their natures themselves, due to their mythical composition with the music. It is their mythic purpose and destiny to do so.
For doing so, they get to inherit all of creation, as the finale of the music.