We've lived in that world before, it wasn't a better world for anyone. Since the same people who could have afforded expensive, high quality goods back then can today (a tiny subset of the population).
I may not like the style of most of the furniture at IKEA, but I am glad that it exists so that people of modest means can outfit their homes and spend the rest of their money on items that have a greater impact on their quality of life.
I would address the other points in the piece, but I thought this point was worth making on its own.