*listens to the song...*
It seems to make more sense if he was saying "logic". Admittedly, it does sound like "magic" though.
It makes more sense to me thought that he's saying "logic" especially since he sings "Find no peace to logical life" in the first verse.
Of course, I thought for the longest time that he was singing "One less illusion" for the chorus until I found out the title of the song.