The day that minimalism got equated with beauty was the day we realized we had too much clutter in our lives, so minimalism = beauty is simply a reactionary concept. Minimalism in of itself could not be considered beauty if you looked at what is considered beautiful art, architecture, clothing, etc, in general.
Take a course on art history. Especially global art history. This is not a new concept, new style, trend, focus, what-have-you, though it has gained new momentum.
All of which was pretty heavily influenced by the traditional Japanese aesthetic, which has a pretty strong focus on Minimalism-like attributes.
Minimalism as a positive thing isn't just reactionary. It also serves to bring subtle details into focus, and to emphasize the craft (ie, crafter's experience / quality) as a whole rather than individual details.