the fallacy of disposability, the lie and deception of built-in obsolescence brought on by the marketing and product promotion industry, the internal contradictions and self-destruction mechanisms of the modern economic system
Well,Sir...As someone who lives largely outside the modern economy i could argue that the obsolescence is the nature of life on this planet...In this very new,unformed geology that i inhabit the swirling clouds of basaltic dust act as a destructive mechanism on all my cutting edges...
(They say that soon,in about 50 000 to 100 000 years or so,that dust will degrade to be fine enough to be eaten by plants,and then the Yukon valley will be a lush fertile place... covered with forests for us to chop down...

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During the Dark Ages three trades were Anathemised by the Church,Fortune telling,Musicianship,and Iron forging...All for imposing on God's prerogatives,violating His(Hers?) copyright,you may say.
It's an illustration of how we really prone to try to compete with the Creator,not content to enjoy this place as it was given us,but constantly attempting to modify it,and in ways that try to rival the Creator's tricky ones.
Similar to say abrasion-resistant enamel covering teeth,variable materials and hardness of our tool edges is kinda classy,you must admit,it is more complex,and somewhat "organic".It goes a little towards us thumbing our nose at the Creator,by saying "look,i can do it almost as good as you!"

(But of course it falls short,as usual,because the Real class would be the self-replicating axe- bit cells,that would regenerate themselves

...And rightly so,you're an the Garden of Eden,ain't you?So what the *** you need an Axe for?!
But for the meantime,a composite is just more fun,much higher cool-factor!
Coming down off of the coffee-induced high,i'd say that the most challenging part of forging an axe is the eye.So,if working with much softer,easily malleable material,the smith is more likely to do a better job,express himself more in interpreting this complex shape.
It takes a machine to properly form an eye from stiff,hardenable modern alloy.And that machine would usually loose something in the translation of it's vision to that of the woodworker's...
So one can say that yes,arguably,a composite axe is always better.