If every app requests that permission, no app requests that permission. Also your passwords would be in your user folder so the app that needs the passwords could read them.
That condition usually doesn't hold in practice. Very few programs have a reason for reading browser history or cookies. Excel has no purpose accessing the Notepad++ appdata folder. Not all-or-nothing.
That condition usually doesn't hold in practice. Very few programs have a reason for reading browser history or cookies. Excel has no purpose accessing the Notepad++ appdata folder. Not all-or-nothing.