When Malthus lived, there were about 1 billion people. It's hard to estimate, but I'd guess at most 10% of those were living non-miserable lives, so about 100 million people at most.
Now the world middle class is 4 billion (40x) and the world upper class is probably around half a billion people (5x). I'm willing to bet that each and every one of those middle class individuals live better lives than the upper class of his time. We've been able to scale that 40x in 200 years. Despite wars, natural disasters, social strife, etc.
We're pretty resilient.
Sure we might manage to live with 10 billion people on the planet, maybe even more. But why would we want to? I see no value in having more people on the planet. If anything it only reduces the value of each individual.
It's just a fact. We're 8 billion and we'll probably be 11 billion when we reach peak population.
> I see no value in having more people on the planet.
I have to point out that you say this as a person on this planet :-)
Does it? A group of people who just know how to raise and care for nerfs may not be worth anything to me. But add a bunch more people who know how to turn nerf wool into a high-quality textile and I start to value the nerf herders a lot more.
Where there is a debt, there might be a later bankruptcy.
More people means more potential consumers, surely? So the only way there could be “too many people” is if the market is dominated by goods which have a high one-off cost and trivial per-unit costs, such as software or other digital goods?