Is this witch manifesting the downfall of capitalism, or propping the system up? (Photo by: Edwin Remsburg/VW Pics via Getty Images)

Once the bankers have gone home for the night, the City of London becomes a mysterious place. It evinces secrecy and subversion; you can feel the presence of something arcane beneath the day-to-day custom and commerce of the City.
It used to be a hotspot for secret societies and occultists, such as Aleister Crowley and Francis Bacon. And it was here that the 17th-Century English philosopher would allegedly associate with a group of Rosicrucians — a Western esoteric movement based on Kabbalistic and gnostic thought.
This sense of rebellion is not confined to the past; swathes of millennials and Gen-Zers are turning to online occultism and ritual magic in what seems like a rebellion against modern disenchantment.
Digital forms of New Age spirituality go especially viral on TikTok (or WitchTok) — from virtual trans-Atlantic covens gathering to cast spells on politicians (and planets), to the idea of “manifestation” that is currently in vogue. These trends are paired with politics, where magic is channelled into anti-capitalist “spiritual activism”.
Occultism tends to attract young people because it appears subversive. The idea of Francis Bacon and his cabal of Rosicrucians practising magic behind closed doors seems inherently subcultural; a mark of an “alternative lifestyle”. Even the word itself — derived from the Latin occultus, meaning “hidden” — suggests something dissident; a left-hand path leading away from the masses. Its compatibility with anti-establishment sentiments thus tends to go unquestioned.
Today, though, these connotations are deceptive. While occultism may have been subversive in the context of 16th and 17th-century religious societies, it rapidly ceased to be so with the birth of modernity. Why? Because the heirs of Western occult philosophy were also the heirs of the secular liberalism and capitalism that dominates the West today.
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