I disagree. "For most people, life was a business of terrifying external forces and arbitrary powers, both spiritual and legal." Substitute "economic" for "spiritual" and it describes the experiences of the majority in modern societies. To most, searching for a job involves appeasing various inscrutable forces, such as AI resume filtering, HR hoops, and interview questions that might as well be asking about how to cast spells. Employers are arbitrary and capricious entities of enormous power over individuals and with the ability to influence the world in ways the individual has no hope of matching.

We don't call it magic, but there are other incantations for it. The adherents to the True Way of economics and law elevate themselves to positions of power and influence.