This isn't a property of capitalism, though. It's a property of humanity, and really of life. What capitalism did was just to efficiently provide food and medicine to people, and the population graph turned into a hockey stick.
Is starvation and infant mortality preferable? Do you think if people had found some (as yet unknown) economic system that was as effective at supplying food and medicine, people wouldn't have had kids? And if they did keep having kids, wouldn't that have taxed the planet like capitalism has done?