Quality education already is a commodity, if you can learn by self-teaching, example, peer study, or through information transfer. Only if you can only learn through rigored instruction will you find education expensive.
Education isn't expensive, credentials are.
but if quality education will be commodity probably the following things will determine success
I'm gonna side with the author on this one. If a quality education is a commodity, the hardworking will inherit the earth.
Most of it is already true, as big part of education is already (almost) a commodity. (At least compared to education 100 years ago)
Free education will make the world better. But if we just take the zero sum game of 'who will be successful in society', then there will always be factors. If not education then others, like the ones which I mentioned.