In his recent speech at the United Nations, Israeli prime minister Yair Lapid breathed some life back into the long-dormant two-state solution process. Some believe that it is too late and that the point of no return has already been crossed. There is certainly not much time left before the Palestinians permanently reject themselves out of having any state and Israel settles itself out of a Jewish and fully democratic future.

Since 2009, when Benjamin Netanyahu returned to office, the number of settlers in the West Bank has grown by 60 percent, to over 475,000, gradually but inexorably creating a binational reality. Moreover, the land available for potential territorial swaps is increasingly being used for other purposes. The status quo is an illusion.

The Palestinians have similarly contributed to the emerging binational reality. They repeatedly rejected dramatic proposals that would have given them a state on essentially all of the contested territory and remain paralyzed by a seemingly immutable adherence to an all-or-nothing approach that has, indeed, left the Palestinians with nothing—and deep internal divisions. No end is in sight to the split between the West Bank and Gaza, Palestinian Authority president Mahmoud Abbas is in the twilight of his reign, the Palestinian Authority is tottering, and Hamas remains implacably opposed to any accommodation with Israel. Indeed, a Hamas take-over of the West Bank may be the most likely end to the ongoing rupture.

The Palestinians are thus in dire danger of missing a historic opportunity to have a state of their own. That is their tragedy. Unfortunately, it is also Israel’s. The fate of the Zionist movement, one of history’s most successful national movements, is inextricably linked to that of the Palestinians, who have one of history’s most dysfunctional national movements.

Lapid’s resurrection of the two-state solution notwithstanding, the Palestinian issue will play virtually no role in the upcoming elections, much like all elections since 2015. For most Israelis, the Palestinian issue has little bearing on their lives, seemingly played out in a distant country that they have never visited and which only penetrates their consciousness after particularly heinous acts of terrorism. Israel has become a global high-tech power, its economy is booming, and the Abraham Accords demonstrated that regional normalization is possible without the Palestinians. More pressing issues present themselves.