Are the traditions sacred while the modern science and the philosophical movements are profane and objective? In the 21st century where modernity is considered the dominant power and valid, tradition which is often perceived as archaic and anachronistic is an intellectual agitation problem in the deeper structure. Starting from this thought that is sought to be formed in social sciences, the article discusses the position of tradition in the perception of modernity while questioning its mission of making sense in a person's life. In the discussion built upon the foundation of tradition and modernity, the idea of tradition's inability to meet human needs and expectation is a prejudgment formed for Eastern and Islamic societies in particular, will be presented with an orientalist perspective through traditional practices kept alive in Western societies. While similarities and differences of understandings of tradition/modernity in Eastern and Western societies, hypothetical and theoretical information will be embodied in the examples of Netherlands' Queen's Day Festival. In conclusion, an argument will be made that the Western mentality considers that basing its past and future on tradition represents richness and value, which equates European and American cultures with modernity, while Eastern societies perceive their traditions as obscurantism and a cause of embarrassment. The conclusion to be reached is that Netherlands' Queen's Day Festival that will be analyzed through the Functional Folklore Theory, shape the modern world by transforming into a cultural production and consumption field in the capitalist system and serve the need of ontological security.