In The Golden Bough, by Sir James Frazer, the word ‘homeopathy’ is the name used for 1 of three categories of magic – the others being ‘sympathetic’ and ‘contagious.’ According to Fraser, homeopathic magic is the principle that like produces like. An example of this would be the harming or healing of a poppet, sometimes known as a voodoo doll. However, the modern production of homeopathic remedies is more similar to the Law of Contact, or Contagious magic, because it is based on the idea that something that has been in contact with a thing carries the properties of that thing.
Modern practitioners of magick (spelled that way to differentiate it from fairy-tale or theatrical magic) can create magickal remedies that are just as effective. An example of this would be using a relic of a saint to request healing or a miracle, or using a lock of hair or fingernail clippings to cast a spell of healing on the person they were part of. Because contagious magic can be done with items readily available.
Of course, the modern producers of homeopathic remedies don’t advertise them as magic, but as medicine, and sell them to people who believe that they are based on science. Were they to sell them legitimately as magickal ointments in a shop catering to magickal practitioners, they might be able to charge as much or more for them, but of course they would reach a much smaller audience.
references:
James Fraser, The Golden Bough, chapter 3, section III
https://cdop.org/2013/11/what-are-relicsand-why-are-they-important/
https://occult-world.com/hair-and-nails/
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