Blind cating is quite common in the other direction, without any attempt at stage make up.
But I don't have a problem with stage make up of any kind. I don't care if actors change their appearance in any way, if they wear rubber skin or big noses or change their hair colour, or accent, or give themselves bad teeth, or play someone with differernt sexual preferences, or pretend to have a lisp. I don't care if they use prothetics to give themselves giant cocks, or hide them.
I don't care if Ryan Reynolds plays Morgan Freeman and uses every trick of the stage to make it convincing. I don't care if Morgan Freeman does the same to play Kier Starmer. I am delighted if Chow Yun Fat is the next Winston Churchill in a production of "Churchill, Kung Fu Master." I am happy to see Temura Morrison play a Japanese man or a South American (as he in fact did, because being restricted to playing Maori people makes for a small career internationally.) If Jennifer Lawrence wants to dress up as a man and fake a Danish accent she can play Hamlet and that's great.
Actors act, and I don't think they need to be restricted in what they can attempt. Pretending to be what they aren't is their whole trade.