Great article comparing the two here:
It’s an interesting question. As an example in the article above, even our fantasy tales, such as Wizard of Oz, ends up with Dorothy revealing the Great and Powerful Wizard of Oz as a charlatan.
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Celtic Fairies, Fables, and Folklore! Bestselling author (top #100 Amazon Canada, #1 in Paranormal Fantasy, Amazon Canada) Christy Nicholas, also known as Green Dragon, is an author, artist and accountant. After she failed to become an airline pilot, she quit her ceaseless pursuit of careers that begin with 'A', and decided to concentrate on her writing. Since she has Project Completion Disorder, she is one of the few authors with NO unfinished novels. Christy has her hands in many crafts, including digital art, beaded jewelry, writing, and photography. In real life, she's a CPA, but having grown up with art all around her (her mother, grandmother and great-grandmother are/were all artists), it sort of infected her, as it were. She wants to expose the incredible beauty in this world, hidden beneath the everyday grime of familiarity and habit, and share it with others. She uses characters out of time and places infused with magic and myth. Combine this love of beauty with a bit of financial sense and you get an art business. She does local art and craft shows, as well as sending her art to various science fiction conventions throughout the country and abroad. Facebook: www.facebook.com/greendragonauthor Homepage: www.greendragonartist.com Blog: www.greendragonartist.net Twitter: www.twitter.com/greendragon9
Historical fantasy, time travel adventure, and urban fantasy 
That’s a very interesting article. I grew up with mostly British tales — my parents read us Narnia, Tolkien, Winnie-the-Pooh, Wind in the Willows, Beatrix Potter, etc etc etc — and (while Tolkien was and still is the strongest influence) that’s what has shaped my writing and imagination. Ursula LeGuin has this wonderful defense of fantasy/sf as escapist:
“When an insurance broker tells you that SF doesn’t deal with the Real World, when a chemistry freshman informs you that Science has disproved Myth, when a censor suppresses a book because it doesn’t fit the canons of Socialist Realism, and so forth, that’s not criticism; it’s bigotry. If it’s worth answering, the best answer is given by Tolkien, author, critic, and scholar. Yes, he said, fantasy is escapist, and that is its glory. If a soldier is imprisoned by the enemy, don’t we consider it his duty to escape? The moneylenders, the knownothings, the authoritarians have us all in prison; if we value the freedom of the mind and soul, if we’re partisans of liberty, then it’s our plain duty to escape, and to take as many people with us as we can.”
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Wonderful quote by LeGuin!
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