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That's common philosophy. Only the most materialistic philosophy like consumerism will promote the never-ending pursuit of acquisition or achievement to happyness.
That's the problem of our western societies in fact: they promote the never-ending pursuit of success, wealth, or fame. To actually be happy, you "merely" need to get out of this culture.
Still, and although some people can be happy with almost nothing, most people will still need basic needs fulfilled to be happy : food, home, and socialisation (and safety).
Having seen both cultures I know which I will always choose. I like hot water when I shower, I like not seeing sewage in the streets, I like building creating and innovating, I like not being torn between mindless repetitive work on one hand and lazy do everything slow on the other. It is pretty easy for people in the privileged West to be romantic about the grinding poverty that are Buddhist nations.
But hey it isn't like I matter. Let's look at where the net migration patterns say.