Jews are a majority in Israel, they have a stronger position since the democracy argument is less powerful. Israel also does not have racism enshrined in their constitution despite all the apartheid hyperbole. If the existence of Israel was really threatened I would still expect most Western governments to back it.
The "Apartheid hyperbole" is used to describe a real situation of discrimination existing in the Israeli state (affecting to a greater extent Arab Israeli minority, but not only), as well as the open-air prison regime which suffers the population in the Occupied Territories. While I think that it's not correct to qualify the crimes of the Israeli state in the OT as "racist", they are still crimes based on discrimination and the territorial segregation in the West Bank and the isolated Gaza resembles that of Apartheid South Africa. Also, the Israeli society inside the legal borders may not be racist, but for sure there exists a high dose of classism, even among Jews. Furthermore, the quality of a democracy can be measured by the respect for minorities. In that regard, Israel has a huge democratic deficit.