How is the Israeli-Palestinian conflict, a conflict for economic and political power?
Islam basically is a religion of political power with economic implications.
In early traditional Islam there is no separation of religious and political power. The Caliph is not only the religious leader of the religion the Caliph is also an absolute political ruler.
The Palestinians want to from an Islamic state throughout what was the entire Palestinian Mandate administered by the British. This would provide the Muslims with complete political control over the region and all the people living there.
The Israelis want an independent political state where the Jewish people are in control of the political power of the nation. Many Israelis would like to gain control of the entire region and hence all the people living there. The UN decision was to divide the British Mandate into a Jewish homeland and a Muslim nation.
Under Islamic law non Muslims are taxed at a much higher rate than Muslims. Land ownership is extremely limited to non Muslims. Non Muslims can be enslaved. In a nation ruled by Islamic law Muslims have a decided economic advantage.
The Jews under the British Mandate were able to purchase land which had been difficult under the Islamic rule of the Ottoman Turks. The Jews wanted an independent state where the Jews would have economic control of the nation.
The conflict between the Israel and the Islamic Palestinians is based primarily on religion. The differences in religion have both political and economic implications.