You can subjugate a country by using tanks and guns. You can use subsidies and cohesion transfers instead. It sounds better for the media; and it's more permanent.
EU countries, which have had the deepest economic troubles, have been recipients of a great deal of the EU subsidies: Portugal, Greece, Spain, the South of Italy. Now, since 2000, there's East Europe, too, in the club of recipients. Good luck.
The effects of subsidies have been tried hard in Portugal, Ireland, Spain: huge misallocation of resources. Bad economy in short.
Not as bad as the full-fledged Soviet-style socialism, but still bad enough.
A white male with some professional experience in finance and investing.