Part of the reason we equate "old" with "good" like that 70 year old juicer is survivor bias. We don't dig through the landfill to find out how many broken 70 year old juicers are buried there. That said, I suspect that in another 70 years, Walter's juicer will still work, but you won't find any working examples of juicers from 2022. It should be obvious to most people at this point that any appliance with the word "…
Isn't there something to be said for the volume of anecdotal evidence of older appliances of higher quality? Like, is it really survivor bias if older appliances have a (perceived) significantly higher probability of lasting? Sure, some items may not have lasted, some may be flukes, but if you compare the relative quantities of "older appliances still working" vs "new appliances still working", the proportion of olde…
Using other people's money to act like you can afford the things that other people who have much more money than you can actually afford.
The easier and more common this has gotten, the crummier deal everyone ends up getting for their money.
Back when average consumers still had to save money for years before making big-ticket purchases, the shrewdest of manufacturers achieved the greatest success with product lifetimes having quite good multiples of those saving years.
When that became no longer as much of an issue, then never mind.
Expanded credit opened up opportunities for spendthrifts to dominate, who love to consume so much that they replace purchases that are still perfectly good after a few years anyway.
Remember all those 70-year-old juicers where there's far more in the landfills than remaining in the kitchen? Most of those were landfilled while they were still working.