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The geography, histories, and ethnic composition of the Latin American continent pose a great challenge when attempting to identify and describe the region's constitutive religious traditions and experiences. This task is further complexified by the hybridity, fluidity, and porosity of the region's cultural groups. However, there is an aspect of Latin American religiosity that shares a significant family resemblance across the continent: the small community settings in which religiosity often emerges and consolidates as a worldview, commonly known as Ecclesial base communities. Informed by liberation theology, these communities are a uniquely generative experiment in social, political, and religious life. Scholarly accounts of liberation theology fail to identify key aspects of how Ecclesial base communities generate ways of being, knowing, and making meaning. While many of these accounts depict liberation theology as a socio-political discourse of theological origin, they do not unearth the multidirectional interaction between political practice and theological thought at the heart of these communities. In this paper, I aimed to fill this gap in the literature by reframing liberation theology as a set of social imaginaries, making use of Paul Ricoeur's theories of memory and cultural imagination to provide the philosophical ground to understand the lived theology of Ecclesial base communities. In doing so, I maintain that liberation theology is not only a theoretical discourse that emerges from these communities, but also the inarticulate background of their ways of thinking, communicating, and living, one that provides an existential orientation through which Latin Americans can provide coherence to their collective action and recognize their own capacity to change their reality of oppression. [ABSTRACT FROM AUTHOR]