What does the cryptic crossword clue "Miss Cape badly, indulging in fantasy (8)" mean?

The definition is "fantasy". The wordplay uses an anagram. anagram of MISS + CAPE = ESCAPISM; definition: "fantasy" The answer is ESCAPISM.

Miss Cape badly, indulging in fantasy (8)

Daily Mail Cryptic #16399 | 31 Across | 2020-09-09 flower