資本主義乃是一個歷史性的全球經濟見象，具體反革甩在以組織與技街為基礎所支撐起來的跨國勞動等級體系。本研究處理台灣鞋廠自八0年代末期開始的海外投資，強調:生產基地的外移可以而且必須被視為國際鞋類供應/採購育場網絡調墾的一部份來理解。換言之，生產基地的區域移動是個包括國際買主﹒成鞋製造廠、中間貿易商、材料供應商等采多廠商，在高度不確定的市場環境中多邊協調的過程。本文的論點可以分底下三個層次說，明:首先，在80年代以降國際鞋業供應市場的全球重構中，台灣弔詭地一方面隱藏其份量，卻也同時浮現s了它半邊陸的特心角色:彈性地調節核心跨國買主的佈局與邊睡廉價勞力的供應。其次，本文藉經驗地撿視鞋類國際市場，這個典主流經濟學市場模型最接近的現實個案，以突出「價格中介J市場模型的侷限性，以及它在論述上接飾「半邊睡」的虛假。最後，本文援引經濟社會學為助力，批判「抽象市場的企球主義j外，同時對於將「社會線直是」侷fit於「在地空間」的「社會學式的謬誤J也提出反省。

This article studies the offshore investments of Taiwanese footwear producers since the late 1980s. I argue that the production reallocation is and has to be studied as only a part of the network restructuring of the international footwear supply/sourcing market. In other words， the production site transition involves multilateral adjustments of and among footwear producers， trading companies， international buyers， and material suppliers in the market. The task requires us to conceive markets as socially embedded in trustmediated transactions， instead of an asocial price mechanism matching atomic economic actors. On the supplier's side， I show that the Taiwanese footwear industrial district was implanted in China in the form of an internationally linked but locally enclave economy， which was buffered from disturbance by an institutional arrangement of “pseudoOEM." On the buyer's side， I demonstrate the difficult efforts of buyers in coordinating network restructuring. In the early 1980s， buyers of different kinds rushed to place orders directly to China. They failed and then adjusted to participate in the readjustments of the existing sourcing networks. The rise of Taiwan's semiperipheral status in the restructured networks of international footwear supply urges us to rethink the “thirdworld industrialization" in the new order of global capitalism， which is often masked with the “freemarket."