The initial Swedish discourse of transnational adoption as a win-win situation has changed over its more than 60-year-long history. This article aims to trace and present some themes in this history, with a particular focus on the public debate and the different narratives that representatives of the adoption triangle—the adoptees, the adoptive parents, and the biological parents—tell when dealing with transnational and transracial adoption as a personal and political phenomenon. The article draws from an ongoing study of discourses and narratives of transnational adoption based, above all, on journalism, memoirs, governmental documents, and previous research. It attempts to present the contradictory perspectives on transnational adoption to create a diffractive pattern. The diffractive analysis makes it possible to show how the investigated narratives and discourses on transnational adoption change in encounters with experiences made, and even more so, made visible and knowledgeable, in social practices.