I think this is directionally and importantly true, but, for the record, the notion of a "settler colony" was invented to capture the distinction between colonies that exist to shuttle resources and colonies that exist to create new homeland.
(The Mizrahim fatally complicate any effort to sum Israel up as any kind of simplistic entity, and the term "European" to describe it is practically a slur.)
(The Mizrahim fatally complicate any effort to sum Israel up as any kind of simplistic entity, and the term "European" to describe it is practically a slur.)