well no, there's a fundamental difference in the two systems. The main, if not only criteria, for reproduction today is appearance, which, admittedly is an indicator of function, albeit a poor one. This means that a lot of people that shouldn't be reproducing ARE, and that a lot of people that should be reproducing AREN'T. My system proposes to look at function itself through various indicators, for example intelligence, competence, diligence, etc. It's not like we don't have the technology. By doing this we eliminate those that shouldn't be reproducing from the genepool, and also promote those that should.
What you're proposing would spiral us back into the stone age