That is at best a totally skewed version. Yea we know Netanyahu for a few years let the Hamas grow, and we have records of him with vaguely the reasoning you have there.
But to make Israel entirely responsible for the existence for the Hamas, and for what the Hamas does and wants, demands a world view of an all powerful Jewish government that plans and executes for immense time frames that span generations. Don’t we have that thought pattern in widely spread antisemitic conspiracy theories?
Yes, there is all that. As I said, I think Netanyahu and his bunch belong in jail, not in power.
But even if this guy is out of the way, here's a few more questions to consider:
What are, positively speaking, Israels options? What should a moderate follower of Netanyahu do to achieve some sort of piece? I'm lost here. Do you have any ideas other than saying "not this way"?