The sociological part of his theory was on spot.
No, it really wasn't. Being educated makes you have LESS children not more, helping the poor betters society it doesn't make it worse, people have sex out of wedlock, etc.
If you actually read his works you'll see that the man was a moronic demagogue who didn't know the first thing about people or the world.
His didn't want people to control population growth, he didn't even predict a population boom. The only thing on his mind was convincing people that nothing could be done for the poor and no change in society was possible. His goal was to get people to ignore the poor, support the status quo, and get the King and Nobles all over the world to lavish him with fame and fortune.