To be clear there are wars that can and have been settled without one or other side being utterly slaughtered, it's just this isn't one of them for a couple of reasons, first religion, religious conflicts tend to be utterly barbaric.
Secondly, and far more importantly, outside influence (which has shades of the first built in) Hamas and Palestinians from the beginning have been used as proxies in a larger conflict, initially the West Versus Communism/anti colonialism and more lately the Shia Sunni conflict along with Islam versus the west, Palestinians lost almost everything because Syria Egypt and Jordan started and lost 3 wars on their behalf and kept telling them they would support their struggle, that support has now been replaced by Iran, it has enabled both the PLO and Hamas leadership to live in comfort away from the fight while paying for their ground forces to both pay for and dominate the West Bank and Gaza, this has basically cost the Palestinians everything while at the same time kept an unwinnable conflict going
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