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Usually they work (or allow the subject state to muddle on for years) without starting a wider conflict because the states they are applied to are minor states compared the states imposing them.
Without the sanctions Japan would have gotten what they wanted (mostly) without the cost of going to war with world powers. Going to war with minor powers, if needed, would probably have been perfectly acceptable to the Japanese.
Placing sanctions on Japan was an affront and an insult to them, as the U.S. and Japan were allies up to the attack on Pearl Harbor.
The Japanese expansion that had been going on for ten years prior to Pearl Harbor had been getting more and more aggressive and the U.S. and European powers hadn't really done anything more than what's happening to Russia today.
First they condemned the actions and then they strongly condemned the actions. Then they really upped the pressure by issuing trade restrictions accompanied by a strongly worded condemnation. Then came the real punishment: trade sanctions and a harsh letter of condemnation.
So while Putin plays from Hitler/Stalin's playbook of 75 years ago, the EU/US are playing by the same playbook from 75 years ago...
What might have transpired had the oil embargo on Japan not occurred?
Unfortunately, the truth is, that McCarthy was a tool and created witch-hunts that caused alot of innocent people a great deal of misery and hardship. Fortunately, some people like Ronald Reagan, survived his idiotic pogroms.
In the U.S., for the longest time, when people were found out to be falsely accusing someone for personal gain, to be committing "McCarthyism"