Apparently you don’t remember SafeDisc and all the bullshit for PC games in the 90s which required physical discs.
I do remember and it restricted the user way less than Valve's DRM. What kind of argument is this anyway? We were also abused in the past (just less), so abuse is good?
All kids of games had DRM that was not the same as always online DRM, but was actually even more annoying than what we currently have.
Inserting a disc (or mounting it is an ISO) is more annoying than installing a proprietary app on every device and logging in to your account? To me it isn't, but that's subjective. Valve's way is certainly more unethical, though.
Everything else is a tradeoff, but your memory is failing if you think PC gaming was a better and cheaper experience before steam.
It certainly was better, since our rights were abused less. I can't tell if it was cheaper, though. But since you used to be able to sell games that you no longer played, I assume that it was. I can't sell my Steam games or trade them for other games.