It would have been a good solution fifty years ago, but we are way past that. I seem to recall someone calculating that bringing the whole of the world's population up to our standard of living would need another two and a half Earths' resources. (And right here, not at the end of some hypothetical interplanetary freight line, before anyone brings in why we should have stuck with the space program.)
Right now, just those of us who are living that way are enough to wreck the ecology.
Back when I started reading science fiction, writers were imagining that in the 21st Century we'd all be on strict rationing because of overpopulation. They forgot to ask, who bells the cat? Who imposes rationing on the rich and powerful to benefit the poor and weak? Barring an invasion from space, not going to happen.