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[The History and Reality of Sovereignty Purchases: Can the U.S. Buy Greenland?]-[Add to cart: Greenland]

The Indicator from Planet Money · B1 · 2025-01-21

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📋 Summary

The Concept of Sovereignty Purchases

In recent years, the idea of the United States acquiring Greenland has resurfaced in public discourse, notably through statements by President Donald Trump. While the suggestion may seem unconventional to many, Stanford history professor Stephen Press notes that it is not as "bananas" as it might appear when viewed through the lens of history. The concept of one nation purchasing territory from another is known as a "sovereignty purchase," a practice that has been utilized globally for centuries.

A Foundation of U.S. Expansion

Historically, the United States is no stranger to such acquisitions. Press highlights that approximately 40% of the current U.S. territory was acquired through sovereignty purchases. Key examples include:

  • The Louisiana Purchase (1803): President Thomas Jefferson secured a vast middle section of the continent from France for $15 million. This deal notably granted the U.S. exclusive authority to manage the land, often involving the displacement or control of indigenous tribes through "contracts or through force."
  • The Gadsden Purchase and Mexican-American War (1840s): Following armed conflicts, the U.S. expanded its borders significantly. Through the Treaty of Guadalupe Hidalgo and subsequent agreements, Mexico ceded over half its territory—including modern-day California, Nevada, and Arizona—for $25 million and the assumption of debt.
  • The Alaska Purchase (1867): In a rare case relatively free of coercion, the U.S. purchased Alaska from Russia for $7.2 million under Secretary of State William Seward. Interestingly, this era marked the first time Greenland appeared on the U.S. "shopping wish list," as Seward viewed Denmark as an imperial power that lacked the means to maintain distant territories.

Modern Challenges and Moral Implications

While sovereignty purchases were common in the past, applying this model to Greenland today is vastly more complicated. Press emphasizes that any modern territorial arrangement is fundamentally flawed if it does not "center the potential benefits and consent of the affected people." With a population of 56,000, Greenland possesses a strong desire for self-determination, and many inhabitants advocate for complete independence from Denmark rather than a change in colonial ownership. Consequently, Greenland has explicitly stated that the country is "not for sale."

The Evolution of Land Control

Though direct sovereignty purchases have become rare, the practice has evolved into what might be described as a "sovereignty lease." Today, nations often negotiate for the rights to install military bases globally. This modern approach functions as a smaller-scale alternative to the massive land deals of the 19th century. Ultimately, while the historical precedent for U.S. expansion is undeniable, the geopolitical realities of the 21st century—centered on public perception, international law, and indigenous rights—make the acquisition of sovereign territory a significantly more complex and morally fraught endeavor than in previous eras.

🎯Key Sentences

1
Is that a thing?
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Turns out, when you look at our history it is absolutely a thing.
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here is a quick primer.
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But well that's just bananas.
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he just wanted to makes one thing clear.
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📝Key Phrases

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get one's way
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kick an idea around
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rule out
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take ownership of
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eye with interest
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📖 Transcript

N, P, r Donald Trump is now officially the 47th President of the United States and if Trump gets his way, what we even think of as the United States might come to look very different.
And we're not talking metaphorically, we're talking geographically, topographically, maybe you caught this statement of his a couple weeks ago.
Well, we need Greenland for national security purposes.
I've been told that for a long time, long before I even ran.
Trump has been kicking this idea around for years, which is that the U .S.
should take quote, ownership of Greenland, a partially self -governing territory of Denmark People really don't even know if Denmark has an illegal right to it.

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