The genie can go back in. In England, during the Regency (early decades of 19th century), things were pretty wild. Lots of drinking, lots of outrageous behavior (Lord Byron sleeping with his sister, etc.). But this was followed by the Victorian Age, as a reaction against the excesses of that earlier time.
I'm hoping for a new Victorian Age. The science fiction novel "Diamond Age" by Neal Stephenson envisions this happening.