This reminds me of the same types of complaints around air travel now versus the 50s/60s. Both ignore the relative costs and the fact that you can still buy high-end fridges or first class tickets if you are willing to spend the same amount of money that you would have had to back then.
Can you, though?
Or has the maker of that high-end $1500 fridge been brought out by the maker of $500 fridges? Are the two brands made in the same factory, to the same quality standards, while the owners laugh at those chumps who are paying 3x the price just to have a different sticker on the front?
I've brought high-end white goods in the past and found the performance unimpressive. In my case, a high-end washing machine with poor rinse performance.