diff --git a/src/generators/Generator.js b/src/generators/Generator.js
index f28b2a0f438e..20618ee60ea3 100644
--- a/src/generators/Generator.js
+++ b/src/generators/Generator.js
@@ -58,7 +58,13 @@ export default class Generator {
 						// noop
 					}
 
-					else if ( contexts[ name ] ) {
+					else if ( name in contexts ) {
+						const context = contexts[ name ];
+						if ( context !== name ) {
+							// this is true for 'reserved' names like `root` and `component`
+							code.overwrite( node.start, node.start + name.length, context, true );
+						}
+
 						dependencies.push( ...contextDependencies[ name ] );
 						if ( !~usedContexts.indexOf( name ) ) usedContexts.push( name );
 					}
diff --git a/src/generators/dom/index.js b/src/generators/dom/index.js
index 147883b7ae78..4cc71cbc1434 100644
--- a/src/generators/dom/index.js
+++ b/src/generators/dom/index.js
@@ -71,7 +71,7 @@ class DomGenerator extends Generator {
 			properties.addBlock( `update: ${this.helper( 'noop' )},` );
 		} else {
 			properties.addBlock( deindent`
-				update: function ( changed, ${fragment.params} ) {
+				update: function ( changed, ${fragment.params.join( ', ' )} ) {
 					var __tmp;
 
 					${fragment.builders.update}
@@ -90,7 +90,7 @@ class DomGenerator extends Generator {
 		}
 
 		this.renderers.push( deindent`
-			function ${fragment.name} ( ${fragment.params}, component${fragment.key ? `, key` : ''} ) {
+			function ${fragment.name} ( ${fragment.params.join( ', ' )}, component${fragment.key ? `, key` : ''} ) {
 				${fragment.builders.init}
 
 				return {
@@ -180,7 +180,7 @@ export default function dom ( parsed, source, options, names ) {
 		contexts: {},
 		indexes: {},
 
-		params: 'root',
+		params: [ 'root' ],
 		indexNames: {},
 		listNames: {},
 
@@ -364,7 +364,7 @@ export default function dom ( parsed, source, options, names ) {
 		}
 
 		const names = [ 'get', 'fire', 'observe', 'on', 'set', '_flush', 'dispatchObservers' ].concat( Object.keys( generator.uses ) )
-			.map( name => name in generator.aliases ? `${name} as ${generator.aliases[ name ]}` : name );
+			.map( name => name in generator.aliases && name !== generator.aliases[ name ] ? `${name} as ${generator.aliases[ name ]}` : name );
 
 		builders.main.addLineAtStart(
 			`import { ${names.join( ', ' )} } from ${JSON.stringify( sharedPath )}`
diff --git a/src/generators/dom/visitors/Component.js b/src/generators/dom/visitors/Component.js
index a6d63cfc9497..a7d114cbe6b8 100644
--- a/src/generators/dom/visitors/Component.js
+++ b/src/generators/dom/visitors/Component.js
@@ -62,7 +62,7 @@ export default {
 		// Component has children, put them in a separate {{yield}} block
 		if ( hasChildren ) {
 			const yieldName = generator.getUniqueName( `render${name}YieldFragment` );
-			const { params } = generator.current;
+			const params = generator.current.params.join( ', ' );
 
 			generator.generateBlock( node, yieldName );
 
diff --git a/src/generators/dom/visitors/EachBlock.js b/src/generators/dom/visitors/EachBlock.js
index e9e0eb4fd350..8113e9380360 100644
--- a/src/generators/dom/visitors/EachBlock.js
+++ b/src/generators/dom/visitors/EachBlock.js
@@ -2,6 +2,11 @@ import CodeBuilder from '../../../utils/CodeBuilder.js';
 import deindent from '../../../utils/deindent.js';
 import getBuilders from '../utils/getBuilders.js';
 
+const reserved = {
+	component: true,
+	root: true
+};
+
 export default {
 	enter ( generator, node ) {
 		const name = generator.getUniqueName( `eachBlock` );
@@ -172,8 +177,16 @@ export default {
 		const listNames = Object.assign( {}, generator.current.listNames );
 		listNames[ node.context ] = listName;
 
+		// ensure that contexts like `root` or `component` don't blow up the whole show
+		let context = node.context;
+		let c = 1;
+
+		while ( context in reserved || ~generator.current.params.indexOf( context ) ) {
+			context = `${node.context}$${c++}`;
+		}
+
 		const contexts = Object.assign( {}, generator.current.contexts );
-		contexts[ node.context ] = true;
+		contexts[ node.context ] = context;
 
 		const indexes = Object.assign( {}, generator.current.indexes );
 		if ( node.index ) indexes[ indexName ] = node.context;
@@ -181,7 +194,7 @@ export default {
 		const contextDependencies = Object.assign( {}, generator.current.contextDependencies );
 		contextDependencies[ node.context ] = dependencies;
 
-		const blockParams = generator.current.params + `, ${listName}, ${node.context}, ${indexName}`;
+		const blockParams = generator.current.params.concat( listName, context, indexName );
 
 		generator.push({
 			name: renderer,
diff --git a/src/generators/dom/visitors/IfBlock.js b/src/generators/dom/visitors/IfBlock.js
index 5ceb42d48b13..6f89b55f97f2 100644
--- a/src/generators/dom/visitors/IfBlock.js
+++ b/src/generators/dom/visitors/IfBlock.js
@@ -32,7 +32,7 @@ function getConditionsAndBlocks ( generator, node, _name, i = 0 ) {
 
 export default {
 	enter ( generator, node ) {
-		const { params } = generator.current;
+		const params = generator.current.params.join( ', ' );
 		const name = generator.getUniqueName( `ifBlock` );
 		const getBlock = generator.getUniqueName( `getBlock` );
 		const currentBlock = generator.getUniqueName( `currentBlock` );
diff --git a/src/generators/server-side-rendering/visitors/EachBlock.js b/src/generators/server-side-rendering/visitors/EachBlock.js
index de4bfffe6de0..70a9527a1a7f 100644
--- a/src/generators/server-side-rendering/visitors/EachBlock.js
+++ b/src/generators/server-side-rendering/visitors/EachBlock.js
@@ -8,7 +8,7 @@ export default {
 		// TODO should this be the generator's job? It's duplicated between
 		// here and the equivalent DOM compiler visitor
 		const contexts = Object.assign( {}, generator.current.contexts );
-		contexts[ node.context ] = true;
+		contexts[ node.context ] = node.context;
 
 		const indexes = Object.assign( {}, generator.current.indexes );
 		if ( node.index ) indexes[ node.index ] = node.context;
diff --git a/test/generator/deconflict-contexts/_config.js b/test/generator/deconflict-contexts/_config.js
new file mode 100644
index 000000000000..1a08133218b2
--- /dev/null
+++ b/test/generator/deconflict-contexts/_config.js
@@ -0,0 +1,9 @@
+export default {
+	html: `
+		<ul><li>foo</li><li>bar</li><li>baz</li></ul>
+	`,
+
+	data: {
+		components: [ 'foo', 'bar', 'baz' ]
+	}
+};
\ No newline at end of file
diff --git a/test/generator/deconflict-contexts/main.html b/test/generator/deconflict-contexts/main.html
new file mode 100644
index 000000000000..b4bb745089ce
--- /dev/null
+++ b/test/generator/deconflict-contexts/main.html
@@ -0,0 +1,5 @@
+<ul>
+	{{#each components as component}}
+		<li>{{component}}</li>
+	{{/each}}
+</ul>
\ No newline at end of file