I have a 2008 macbook, I've updated to osx verison 10.7.5 and now don't have word. What should I do?

What should I do to get a newer word version?

Both Office 2008 and Office 2011 will run under OS 10.7. As deggie points out, there are no free upgrades for MS for the older versions of Office (2004 and earlier).
If you have a slow internet connection, avoid the new "365" version of Office that is subscription-based. It has to "phone home" and there a number of reports of it not working well on dial-up or slow DSL connections.

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