Full disclosure: I have not owned a ball bearing pivot knife and never will. I have extensive experience as a heavy industrial mechanic, and mechanical engineer position, and scientific instrument design engineer, automotive and motorcycle mechanic, and machinist. I have camped in the forest and the desert. Dirt is everywhere.
A foundry is probably one of the worst industrial environments you could ask unprotected ball bearings to survive. So you just need to blow some compressed air through the knife and squirt some special oil into to pivot. Do you have access to a compressor and oil in the middle of the desert? How about just after gutting a fish for the fire by the stream? Should you need to clean and lubricate all the time? My washer pivot knives never have had grit get into the bearing surface causing it to stick.
It is simple. A ball bearing system costs much more to implement than just a couple of washers. Washers need a drop of oil and off you go. I don't always have a compressor with me wherever I go. In high load low speed applications, plain bearings (washers) are highly preferred over ball bearings. It is an engineering principle.