HYPERNORMILISATION - societal phenomenon where people recognise that a system - economic, political, or otherwise - is failing but continue to act as if it’s functional.

Adam Curtis' 2016 documentary on the subject is still depressingly relevant today & is on iPlayer https://www.bbc.co.uk/programmes/p04b183c?ns_mchannel=YT&ns_source=bbc_iplayer&ns_linkname=description_link