Peace might upend wealth of Israelis
With the resumption of settlement construction in the West Bank yesterday, Israel’s powerful settler movement hopes that it has scuttled peace talks with the Palestinians, too.
It would be misleading, however, to assume that the major obstacle to the success of talks is the right-wing political ideology the settler movement represents. Equally important are deeply entrenched economic interests shared across Israeli society.
These interests took root more than six decades ago with Israel’s establishment and have flourished at an ever-accelerating pace since Israel occupied the West Bank and Gaza Strip after the Arab-Israeli War in 1967.
Even many Israeli Jews living within the recognised borders of Israel privately acknowledge that they are the beneficiaries of the seizure of another people’s lands, homes, businesses and bank accounts.
Most Israelis profit directly from the continuing dispossession of millions of Palestinian refugees.