Although world food and agricultural production, based on current trends, will be sufficient to meet demand in the decades ahead, the world still faces a serious food crisis, at least as perilous and life-threatening for millions of poor people as those of the past. To this end, the main objective of this paper is to illuminate the world food situation and to provide a critical analysis of the core causes of world food insecurity by identifying the various misconceptions surrounding our understanding of hunger, starvation, and poverty. A clear and deeper awareness of the real causes of hunger and malnutrition in poor countries is imperative to enable and challenge policy makers and planners to lay the groundwork at the grass-roots level for appropriate policy measures and development programs designed to alleviate poverty and ensure food security.