A really weird work of anthropology in the best sense of the term. Michael Taussig goes on a pilgrimage to the mountain of the Spirit Queen, an occult ritual center in Venezuela. He shows how cult of the Spirit Queen and her entourage parallels the Venezuelan nationalist cult around Simon Bolívar. Taussig's thesis, which he also lays out in The Devil and Commodity Fetishism in South America, is that syncretic Latin American peasant religions have something quite perceptive to say about capitalism and modernity.
Unlike The Devil and Commodity Fetishism, however, the Magic of the State is written in a mystical stream-of-consciousness style. It's a trippy piece of writing, not least because Taussig tries very hard not to tell you that he's talking about Venezuela, using symbolic pseudonyms for all of the places and people involved, including Bolívar himself. The writing style takes a lot of getting used to, and at some points feels overdone and pretentious. But Michael Taussig wouldn't be Michael Taussig without it; in the end, he demonstrates his thought process a lot better than it he had just written a dry theory text.