Wall Street Vs. Madison Avenue: We Lose

adweekWhen the #OccupyWallStreet protestors get tired of the financial district, they can always hoof it over to Madison Avenue, where in one of life’s little ironies, Advertising Week is kicking off.

Even as runaway greed is lambasted on Wall Street, festering consumerism is encouraged at the eighth annual seminar/festival/networking event for more than 70,000 advertising professionals and major clients.

As in every past year, multiculturalism in advertising will be applauded yet rarely utilized. One workshop entitled, “Where Are All the Black People?” shows that at ad agencies, things haven’t changed very much since the days of Mad Men. The biggest difference, of course, is that the early Madison Avenue types didn’t have to sit through endless discussion groups about social media “solutions.”

Divorcing ourselves from Wall Street and disconnecting from our mobile devices is in the category called, “Putting the Toothpaste Back in the Tube.”

As the #OccupyWallStreet folks choke on tear gas and wave signs about bailouts and being in the 99 percent, ad industry types, who facilitate the consumer desire that lines Wall Street pockets, will be entertained by Andrea Mitchell and Brian Williams of NBC News, along with Steve Harvey, Jennifer Hudson, Sarah Jessica Parker, and Justin Timberlake.

The futility of the entire situation might have been unwittingly captured in this tweet from @KYColChad: