The relevance of citizen participation in regeneration projects, particularly in shrinking cities, is widely acknowledged, and this topic has received a great deal of policy and academic attention. Although the many advantages of citizen participation in regeneration projects have been identified, its current forms have also received considerable criticism. In short, this criticism boils down to the conclusion that the ideal of citizen participation is not put into practice. This paper considers why this is the case, asking whether current participatory practices enable citizens to exercise influence as political actors in urban regeneration projects. In this paper, we examine this question based on Mouffe’s conception of the political, coupled with findings from our empirical research conducted in Heerlen North, The Netherlands. We conducted qualitative research on urban regeneration in the shrinking old industrial city of Heerlen. The findings reveal two distinct perspectives on citizen participation. Professionals see the existing context of citizen participation as a reasonable and practical but, in some respects, insufficient practice. Citizens’ views on participation are organized around feelings of anger, shame, and fear and are grounded in experiences of a lack of recognition. These experiences limit citizens’ abilities to exert true influence on regeneration projects. We conclude that efforts to regenerate shrinking cities should strive to recognize these experiences so as to create conditions that generate respect and esteem and, as such, enable urban social justice.