No. The opening text of the film makes this clear:
"Look for it only in books, for it is no more than a dream remembered, a civilization gone with the wind..."
But as a lover of film, and a Mississippian who really appreciates a lot about GWTW (as well as the deserved modern criticisms of it), I think a New York billionaire pining for the Old South sure is odd.
South Korea is a US ally.
The Confederacy was not.
While I'm at it, Russia isn't either.