It's funny, because I'm a Gnostic (LHP), and mostly study historical texts, but there are certain things from, 'Chaos Magic(k) Tradition,' that really appeal to me. The Peter Carroll books mentioned, 'Liber Null,' and, 'Liber Kaos,' and, 'Psychonaut,' are all really interesting. Of the three, Liber Null would be my favorite, as it focuses on the use of art as a focus for its practices.
The Phil Hine books are interesting on another level, although not as interesting to me. 'Kondensed Kaos,' reads a great deal like a self-help book, and has a real dry sense of humor. Its kind of interesting to see the occult in that light, but as Phil Hine points out in the book, practitioners of the occult generally practice for purposes of either self-gain or self-development.
Another interesting group of texts is headed under, 'Discordianism.' Most of the books started out as pamphlets, and there are collections of the pamphlets on different sites online. Also, 'The Illuminatus Trilogy,' by Robert Shea and Robert Anton Wilson has a ton of Discordian themes. Discordianism is not so much an occult practice as the practice of mocking law and order, but it qualifies as a rather strange sort of contemporary religion.
In terms of Chaos Magic theory, the general idea (sort of repeating) is that any form of belief can give the believer some sort of power. The reality we see depends on belief, and any belief is therefore valid as a means of gaining power. Its a sort of nihilism - or maybe a very absolute form of relativism. As people have also pointed out, it doesn't really matter if you believe in Chaos Magic theory or not, because as far as Chaos Magic theory is concerned, all beliefs are valid.
I think there is more to the Universe than Chaos Magic theory. Still - I can still remember my hardcopy of Liber Null and Psychonaut (they usually publish them bundled together), which I had carefully hidden in the closet from my parents.
"... And you shall know the truth, and the truth shall set you free..."
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