Author here, you are absolutely right. Want to see me angry? You should have seen me when I found out my 90 year old neighbor lady is on her second Whirlpool made vertical modular washer in the past 5 years. (top loading washer with the led lights on the control panel) Not everyone can afford to be ripped off and sold garbage washing machines that WILL break within 3 years.
I think your power tool analogy is a good one. Same with most consumer goods, people know that when they are buying a plastic version of something that it likely won't last, so they wrestle through the tradeoffs.