Yes, Hannah Arendt argued that in modern society, the distinct realms of human action (homo politicus), bios theoretikos (contemplative thought), and homo faber (work/fabrication) have been largely subordinated to, and colonized by, homo laborans (laboring man). 

Arendt characterized this development as the triumph of the animal laborans—the human as a biological, consumption-oriented creature—leading to a "society of laborers" where the values of necessity and utility displace the public, political, and world-building activities of human life. 

Here is how Arendt viewed this subordination:

• Subordination of Homo Faber (Work) to Homo Laborans (Labor): Modernity has transformed the craftsman (homo faber) into a laborer. The goal of fabrication—to create a lasting, artificial world of things (work)—has been replaced by the goal of consumption (labor). Homo faber's utilitarian mentality, which asks "what is the use of this?", has become internalized to the point where even the world-building activity is driven by the cyclical need for economic production and consumption.
• Subordination of Homo Politicus (Action) to Homo Laborans (Labor): The public, political realm of action (vita activa), where freedom, plurality, and speech occur, is collapsed into the "social" sphere. The "social" is described by Arendt as a "gigantic oikos," where public issues are treated as household management problems, prioritizing economic survival over free political action. This means politics is reduced to the administration and management of life’s necessities, leaving no room for true political action or civic participation.
• Subordination of Bios Theoretikos (Contemplative Life): As the world becomes dominated by the relentless demands of labor and consumption, the quiet contemplation and thought necessary for the bios theoretikos become increasingly impossible.
• The Role of the "Social" and the State: This colonization occurs in the guise of what Arendt calls "society"—the rise of mass society where the focus is on economic welfare, growth, and the accumulation of wealth. The modern state and its bureaucracy act as the enforcer of this homo laborans mentality, managing society to satisfy individual and collective economic interests rather than facilitating genuine political engagement. 

In summary, for Arendt, modern life is characterized by a "process of growing meaninglessness" where the highest forms of human activity—action and thought—are sacrificed for the sake of survival, comfort, and the endless, cyclical process of labor and consumption.