Entirely. In the vast histories of famines, for example, there were far more times where food was available and denied to the desperate, than there have been times where there has not been enough food for everybody.
During the food cost crisis that preceded the Arab Spring, I and everyone around me in comfortable America ate quite well. If we as a species cared for every human life, such suffering would have been avoided.
"And the King will answer them, ‘Truly, I say to you, as you did it to one of the least of these my brothers, you did it to me.’"
-Matthew, 25:40