This chapter assesses the decline and legacy of Liberation Theology (LT) in the context of contemporary Brazilian politics and religion. It delineates the paradoxical trajectory in which, decades after the Vatican’s persecution of LT, a PT leader with roots in liberationist movements governs Brazil, and a Pope influenced by LT leads the Catholic Church. The author posits that this development signifies the co-option and subsequent “lapsing” of LT, effectively neutralizing its revolutionary potential and transforming it into a mechanism for the “management of barbarism.” In its stead, a novel political theology has come to the fore: the apocalyptic, revolutionary fervor of Bolsonarism, which finds its foundation in evangelical churches, akin to the manner in which LT was established within ecclesial base communities. The chapter draws parallels between the prophetic-messianic paradigm of LT and the apocalyptic paradigm of Michele Bolsonaro. It concludes that while the historical conditions for LT have dissipated, the core novelty of LT—the historicization of Christ’s revelatory locus in the struggle of the poor—offers a pivotal lens to comprehend its successors.