This is silly.
If you cook, buy a great chef knife. It doesn't have to be the best in the world, but spending a little more will get you a terrific blade with a great service policy that you'll use constantly and enjoy forever.
Buy a bunch of cheap scissors though, and stick them in every room you ever find yourself wishing you had scissors, and then never worry about that problem again.
Some things you might need more than once, but not all the time, and you'd rather it didn't break, get old, or get lost but you wouldn't mind quickly replacing it if it does. I'm thinking shower towels on this one, but yours might be something different. That's fine. There's no reason to get the finest terrycloth, but I'd rather not rub my skin raw every morning with sandpaper. Whichever towel is slightly more expensive than cheapest on Amazon will do just fine.
Not every purchase has to be an uncompromising statement on your position and perspective on the world. Choosing something other than the absolute best in every category does not mean living a life of cluttered crap. This entire debate makes me seriously question the rationality of anyone with religious devotion to either extreme. There are better things for smart folk to be spending their time thinking about.