Gideon Levy: both sides have won

In Ha'aretz, Gideon Levy argues that the war can stop right now on the basis that both sides, that is Hezbollah and Israel, can claim victory.

This war must be stopped now and immediately. From the start it was unnecessary, even if its excuse was justified, and now is the time to end it. Every day raises its price for no reason, taking a toll in blood that gives Israel nothing tangible in return. This is a good time to stop the war because both sides can claim they won:

Israel harmed Hezbollah and Hezbollah harmed Israel. History shows that no situation is better for reaching an arrangement. Remember the lessons of the Yom Kippur War.

Israel went into the campaign on justified grounds and with foul means. It claims it has declared war on Hezbollah but, in practice, it is destroying Lebanon. It has gotten most of what it could have out of this war. The aerial "target bank" has mostly been covered. The air force could continue to sow destruction in the residential neighborhoods and empty offices and could also continue dropping dozens of tons of bombs on real or imagined bunkers and kill innocent Lebanese, but nothing good will come of it.

Those who want to restore Israel's deterrent capabilities have succeeded. Hezbollah and the rest of its enemies know that Israel reacts with enormous force to any provocation. South Lebanon is cleaner now of a Hezbollah presence. In any case, the organization is likely to return there, just as it is likely to rearm. An international agreement could be achieved now, and it won't be possible to achieve a better deal at a reasonable price in the future.

Levy notes that

the price is skyrocketing. Every day increases international criticism of Israel and hatred of it. That is also an element in "national security." As opposed to the choir in Israel that makes a false presentation as if the world is cheering Israel, the images from Beirut are causing Israel enormous damage, and rightly so. Not only in the streets of the Arab world is more and more hatred being sown, but also in the West. Not only hundreds of thousands of Lebanese but tens of thousands of Westerners fleeing from Lebanon are contributing to the depiction of Israel as a violent, crude and destructive state.

It might be too late to stop that "depiction" even with an immediate cessation of bombings by Israel.

If it's all down to depiction, Israel has lost even if it wins.