Chaos Magick Theory requires believing differently at different times. Being equally good at explaining everything according to Chaos Magick Theory thus: 1. Renders CMT "not knowledge" 2. Does not imply Bayesian standards of ignorance are met any more than any belief updating
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Chaos Magick Theory would be a form of irrational belief updating, but it would not imply zero knowledge content because the beliefs adopted don't belong to one model. All that's proven is that belief can be easily untethered from knowledge, which hardly seems under contention
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Chaos Magick Theory is not really a theory, it is a practice. To the extent any one theory is associated with CMT it is not knowledge. Think that CMT practices can potentially be useful for understanding one's inner mental landscape and dispositions but probably for sane people
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The beliefs one practices under CMT do not sum to CMT, bottom line. The same can be extended to other roughly equivalent forms of irrationalism. Believing otherwise is... uncharitable, to say the least.
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