Earlier quoted context omitted.
"Pink slime" is made by centrifuging heated fatty offcuts, which doesn't turn my stomach that much. I have a sneaking suspicion that what people find disgusting is the industrial production of meat, and that if Gordon Ramsey had a small and inoffensive centrifuge attachment for his KitchenAid the process would seem less gross.
High status for the rich food can be gross, but it can't be low quality. Ammonia or citric acid processed slime-paste is as low quality as it gets. Adding pink slime to the product changes the texture. Pink slime less meaty and juicy compared to normal beef. Good chef can do good simple food, but they want good ingredient and that's not that pink slime is.
On the other, isn't it all really quite subjective? What you describe is tied every bit as much to irrational emotions about histories of things as it is about 'quality' in any measurable sense. What is considered the highest delicacy with a complex preparation in one century has that same process industrialized and becomes 'poor people junk food' in the next, despite being objectively, measurably a better quality product by every possible metric.