(Did you mean the Rob Holdstock fanzine?)
The larger universe — in fan terms, the larger (mundane) world, of which fandom is but a small part, vs. the Microcosm, which is fandom. It's also used simply as a synonym for mundania. These days, however, the Microcosm may be larger than the Macrocosm, if you count all the people yakking about sf and assorted fringe fandoms on the Internet.
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