There is no way you can say that realism is the only literature going. I mean, most of our best novelists are not even writing realism a writers like Toni Morrison, Gloria Naylor, Leslie Silko. They are using realistic techniques to tell stories that are not realistic.
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About Gloria Naylor
Gloria Naylor was a 20th-century American novelist. Gloria Naylor was an American novelist, known for novels including The Women of Brewster Place (1982), Linden Hills (1985) and Mama Day (1988). Read more on Wikipedia →