You are assuming of course that there is such a thing in what amounts to an ethno-nationalist conflict as objective “equity” - that is, some sort of fairness that, where there a neutral arbiter to judge matters, could be chosen as the fair deal. What would that look like?
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- one side “wins” and the other “loses”, like a court case? If Israel is found “unequitable”, should its population pack up and leave? And if so, where is it to go?
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- Or, OTOH, should it be based on a recognition that history cannot be undone and that each party must make the best of it that they can through barganing?
Fair enough. I think that there is in fact an objectively fair deal under the cirumstances under the second definition of “equity”, which goes something like this:
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the Palestinains to get the WB, subject to certain subtractions around Jerusalem and territorial adjustments elsewhere;
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Jerusalem is not to be divided and is Israeli. The Palestinians to get rights over Muslim holy places, like the Dome of the Rock.
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No “right of return”.
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Compensation for Palestinian losses in the form of money for development.
The Palestinians are I think holding out for “equity” in the form #1 above - that is, hoping for a roll of the historical dice which will reverse the “disaster” of Israeli existence, and give them back everything they have lost … which isn’t gonna happen, at least in the near term, and certainly cannot be accomplished by “negotiations” since no-one can or will “negotiate” away their own existence - particularly, as you point out, if the Israelis have the stronger power.
The Palestinians will have to settle for “equity” of the second sort; and the sooner they realize this and act on it, the better for them and everyone.