Economic considerations were largely absent in the early stages of the war. But as the conflict wears on, and as right-wing ministers advance proposals that risk provoking a serious diplomatic crisis, it has become increasingly vital to put those considerations on the table.
The person expected to do this is Finance Minister Bezalel Smotrich, as the one responsible for the state’s coffers. But he stands firmly on the opposite side, supporting a full reoccupation of Gaza, the establishment of Israeli settlements in the Strip and the expulsion of its population – all of which would only deepen the diplomatic crisis.
The continuation of the war and the push for a military administration will come at an exorbitant cost to Israel
The standard of living for Israelis will sharply decline, and the country risks becoming a pariah state. Even Hamas appears to grasp this reality and remains unfazed by threats of military rule.
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