In the past, newspaper accounts and many scholarly articles have made dire and sweeping predictions about the imminence of civil war or the collapse of the Yugoslav federal state following the death of President Tito. The substance for these apocalyptic visions generally stems from Yugoslavia's nationality tensions, regional inequalities, and external pressure from both the Eastern and Western blocs. The widely accepted forecast is that the three factors will reinforce each other and exacerbate existing societal cleavages, leading to chaos or strict military rule. But most of the “dismal school” analyses of post-Tito Yugoslavia ignore the profound changes that have occurred in the country since 1945 and assume that the League of Communists of Yugoslavia (LCY) is unwilling or unable to take steps toward increasing the probability of political stability after Tito's death. In this article I shall critically evaluate the societal changes that have occurred and the LCY's response to them.